U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended ~~September~~March 3031, ~~2016~~2017

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ______________ to ______________

Commission file number 000-53392

Accelera Innovations, Inc.

(Exact name of small business issuer as specified in its charter)

Delaware

(State or other jurisdiction of incorporation or organization)

26-2517763

(I.R.S. Employer Identification Number)

20511 Abbey Drive

Frankfort, Illinois 60423

(Address of Principal Offices)

(866) 866-0758

(Issuer’s Telephone Number)

Not applicable.

(Former name, former address and former fiscal year, if changed since last report)

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [ X] No [X ].

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer [ ]

Accelerated Filer [ ]

Non-Accelerated Filer [ ]

Smaller Reporting Company [X]

(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X].

State the number of shares outstanding of each of the issuer’s classes of common equity, as of the latest practicable date: 5078,~~561~~158,~~216~~673 shares of common stock, par value $.0001 per share, outstanding as of ~~November~~May 1815, ~~2016~~2017.

INDEX

		Page	~~Page~~
Part I. Financial Information
Item 1.	Financial Statements	4	4
	Condensed Consolidated Balance Sheets as of September 30, 2016 (unaudited) and December 31, 2015		4
	Condensed Consolidated Balance Sheets as of March 31, 2017 (unaudited) and December 31, 2016	4
	Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2016 and 2015 (unaudited)		5
	Condensed Consolidated Statements of Operations for the three months ended March 31, 2017 and 2016 (unaudited)	5
	Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2016 and 2015 (unaudited)		6
	Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2017 and 2016 (unaudited)	6
	Notes to Unaudited Condensed Consolidated Financial Statements	7	7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	18	17
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	20	22
Item 4.	Controls and Procedures	20	22
Part II. Other Information
Item 1.	Legal Proceedings	21	23
Item 1A.	Risk Factors	21	23
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	21	23
Item 3.	Defaults Upon Senior Securities	21	23
Item 4.	Mine Safety Disclosures	21	23
Item 5.	Other Information	21	23
Item 6.	Exhibits	21	23
Signatures		22	26

FORWARD-LOOKING STATEMENTS

This report contains forward-looking statements regarding our business, financial condition, results of operations and prospects. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements, but are not deemed to represent an all-inclusive means of identifying forward-looking statements as denoted in this report. Additionally, statements concerning future matters are forward-looking statements.

Although forward-looking statements in this report reflect the good faith judgment of our management, such statements can only be based on facts and factors currently known by us. Consequently, forward-looking statements are inherently subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in or anticipated by the forward-looking statements. Factors that could cause or contribute to such differences in results and outcomes include, without limitation, those specifically addressed under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our annual report on Form 10-K for the fiscal year ended December 31, ~~2015~~2016, as filed with the Securities and Exchange Commission (the “SEC”) on August 12, 2016, in “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in this quarterly report on Form 10-Q and in other reports that we file with the SEC. You are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this report.

We file reports with the SEC. The SEC maintains a website (www.sec.gov) that contains reports, proxy and information statements, and other information regarding issuers that file electronically with the SEC, including us. You can also read and copy any materials we file with the SEC at the SEC’s Public Reference Room at 100 F Street, NE, Washington, DC 20549. You can obtain additional information about the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330.

We undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this report, except as required by law. Readers are urged to carefully review and consider the various disclosures made throughout the entirety of this quarterly report, which are designed to advise interested parties of the risks and factors that may affect our business, financial condition, results of operations and prospects.

PART I - FINANCIAL INFORMATION

ITEM 1. Financial Statements

ACCELERA INNOVATIONS, INC. AND SUBSIDIARIES

~~Condensed~~CONDENSED ~~Consolidated~~CONSOLIDATED ~~Balance~~BALANCE ~~Sheets~~SHEETS

	September 30, 2016			December 31, 2015
	(unaudited)
ASSETS
Current Assets:
Cash	$	-		$	-
Accounts receivable, net		1,500			-
Due from stockholder		-			-
Prepaid expenses and other current assets		29,643			29,793
Net assets of discontinued operations					481,188
Total current assets		31,143			510,981
Property and equipment, net		7,389			8,889
Security deposit		1,805			1,805
TOTAL ASSETS	$	40,337		$	521,675
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current Liabilities:
Cash overdraft	$	6,104		$	6,624
Short-term notes payable		882,921			901,521
Subordinated unsecured note payable		-			4,550,000
Advances from related party		403,092			243,799
Accounts payable		458,042			408,920
Accrued expenses		336,158			322,581
Convertible note, net of discount of $93,603 and $0		124,921			-
Derivative liability		221,418			302,580
Net liabilities of discontinued operations		-			170,773
Total current liabilities		2,432,656			6,906,798
Long-term subordinated unsecured note payable		-			-
Convertible note, net of discount of $0 and $158,806		-			15,434
TOTAL LIABILITIES		2,432,656			6,922,232
Commitment and contingencies		-			-
STOCKHOLDERS’ DEFICIT
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding		-			-
8% convertible preferred stock, 500,000 shares authorized 198,473 shares issued and outstanding; $4.00 stated value		20			20
Common stock, $0.0001 par value, 100,000,000 shares authorized, 48,261,216 and 45,011,216 shares issued and outstanding at September 30, 2016 and December 31, 2015		4,826			4,501
Additional paid-in capital		57,225,194			55,955,631
Common stock issuable		1,566,412			1,566,412
Accumulated deficit		(61,188,771	)		(63,927,121	)
Total stockholders’ deficit		(2,392,319	)		(6,400,557	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	40,337		$	521,675

(unaudited)

	March 31, 2017			December 31, 2016
ASSETS

Current Assets:
Cash	$	-		$	-
Accounts receivable, net		2,750			2,750
Prepaid expenses and other current assets		-			-
Total current assets		2,750			2,750

Property and equipment, net		6,389			6,889
TOTAL ASSETS	$	9,139		$	9,639

LIABILITIES AND STOCKHOLDERS’ DEFICIT

Current Liabilities:
Short-term notes payable	$	886,166		$	886,166
Advances from related party		403,092			403,092
Accounts payable		465,379			465,379
Accrued expenses		366,082			333,471
Convertible note, net of discount of $4,219 and $19,395		161,090			155,277
Derivative liability		160,206			149,269
Total current liabilities		2,442,015			2,392,654

Commitment and contingencies		-			-

STOCKHOLDERS’ DEFICIT
Preferred stock, $0.0001 par value, 10,000,000 shares authorized, 0 shares issued and outstanding		-			-
8% convertible preferred stock, 500,000 shares authorized 198,473 shares issued and outstanding; $4.00 stated value		20			20
Common stock, $0.0001 par value, 100,000,000 shares authorized, 78,158,673 and 69,569,444 shares issued and outstanding at March 31, 2017 and December 31, 2016		7,816			6,957
Additional paid-in capital		59,247,616			59,222,837
Accumulated deficit		(61,688,328	)		(61,612,829	)
Total stockholders’ deficit		(2,432,876	)		(2,383,015	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	9,139		$	9,639

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

ACCELERA INNOVATIONS, INC. AND SUBSIDIARIES

~~Unaudited~~CONDENSED ~~Condensed~~CONSOLIDATED ~~Consolidated~~STATEMENTS ~~Statements~~OF ~~of Operations~~OPERATIONS

(unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	Three Months Ended March 31,
	2016			2015			2016			2015
	2017			2016
Revenues	$	1,500		$	396,010		$	1,500		$	1,150,698
				(restated)
Cost of revenues		-			7,527			-			73,286
Revenues	$	-		$	-
Gross profit		1,500			388,483			1,500			1,077,412
Cost of revenues		-			-
Operating expenses:
Gross profit		-			-
General and administrative expenses		359,061			3,341,331			1,480,280			13,083,300
Operating expenses:
Total operating expenses		359,061			3,341,331			1,480,280			13,083,300
General and administrative expenses		48,000			705,160
Loss from operations		(357,561	)		(2,952,848	)		(1,478,780	)		(12,005,888	)
Total operating expenses		48,000			705,160
Other income (expense)
Loss from operations		(48,000	)		(705,160	)
Interest expense and financing costs		(82,980	)		(704,782	)		(369,150	)		(1,487,797	)
Other income (expense)
Loss on disposal of subsidiaries		-			-			-			-
Interest expense and financing costs		(16,563	)		(90,476	)
Change in fair value of derivative liability		~~253~~(10,~~773~~936	)		(453,~~368~~537	)		~~346,695~~			~~(4,368~~	)
Total other income (expense)		170,793			(709,150	)		(22,455	)		(1,492,165	)
Total other income (expenses)		(27,499	)		(36,939	)
Loss before provision for taxes		(~~186~~75,~~768~~499	)		(3742,~~661,998~~099	)		~~(1,501,235~~	)		~~(13,498,053~~	)
Provision for income taxes		-			-			-			-
Net loss from continuing operations		(186,768	)		(3,661,998	)		(1,501,235	)		(13,498,053	)
Net loss	$	(75,499	)	$	(742,099	)
Discontinued operations, net of tax
Preferred stock dividend		15,660			15,834
Gain from disposal of discontinued operation		-			-			4,239,585			-
Net loss attributed to common stockholders	$	(91,159	)	$	(757,933	)
Income (loss) from operations of discontinued operation		-			(2,312	)		-			373,587
Weighted average shares outstanding - basic and diluted		77,069,938			45,140,337
		-			(2,312	)		4,239,585			373,587
Loss per share - basic and diluted	$	(0.00	)	$	(0.02	)
Net income (loss)	$	(186,768	)	$	(3,664,310	)	$	2,738,350		$	(13,124,466	)
Preferred stock dividend		15,834			16,009			47,503			25,405
Net income (loss) attributed to common stockholders	$	(202,602	)	$	(3,680,319	)	$	2,690,847		$	(13,149,871	)
Weighted average shares outstanding - basic and diluted		47,206,868			43,734,541			46,372,530			42,218,137
Earnings (loss) per share - basic and diluted
Continuing operations	$	(0.00	)	$	(0.08	)	$	(0.03	)	$	(0.32	)
Discontinued operations	$	0.00		$	(0.00	)	$	0.09		$	0.01

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

ACCELERA INNOVATIONS, INC. AND SUBSIDIARIES

~~Unaudited~~CONDENSED ~~Condensed~~CONSOLIDATED ~~Consolidated~~STATEMENT ~~Statements~~OF ofCASH ~~Cash Flows~~FLOWS

(unaudited)

	Nine Months Ended September 30,
	Three Months Ended March 31,
	2016			2015
	2017			2016
				(restated)
OPERATING ACTIVITIES:
Net income (loss)	$	2,738,350		$	(13,124,466	)
Net loss	$	(75,499	)	$	(742,099	)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Adjustments to reconcile net loss to net cash used in operating activities:
Gain on discontinued operations		(4,239,585	)		-
Depreciation		500			500
Depreciation		1,500			944
Stock options expense		7,500			613,644
Stock options expense		1,228,644			3,652,269
Amortization of debt discount		15,176			60,913
Shares issued for services		-			9,079,200
Change in fair value of derivative liability		10,937			(53,537	)
Amortization of debt discount		203,231			2,508
Financing costs associated with convertible note		-			19,562
Change in fair value of derivative liability		(346,695	)		4,368
Financing costs associated with convertible note		135,533			40,848
Offering cost for preferred stock subscription		-			141,430
Change in current assets and liabilities:
Accounts receivable		(1,500	)		(157,361	)
Accounts payable		-			(14,783	)
Prepaid expenses and other current assets		150			(12,424	)
Accrued expenses		41,386			10,001
Accounts payable		49,122			236,761
Net cash used in operating activities		-			(105,799	)
Accrued expenses		13,577			146,133
Net cash provided by (used in) operating activities		(217,673	)		10,210
INVESTING ACTIVITIES:
Purchase of property and equipment		-			(3,767	)
Cash retained by discontinued operation		(481,188	)		-
Net cash used in investing activities		(481,188	)		(3,767	)
FINANCING ACTIVITIES:
Proceeds from the sale of stock					10,000
Proceeds from convertible notes		-			25,000
Proceeds from convertible notes		77,500			50,000
Payment on notes payable		-			(15,700	)
Proceeds from notes payable					250,000
Cash overdraft		-			(382	)
Payment on notes payable		(18,600	)		(108,396	)
Advances from (payments to) related parties		-			96,881
Advances from (payments to) related parties		159,293			17,898
Net cash provided by financing activities		-			105,799
Cash overdraft		6,104			-
NET DECREASE IN CASH		-			-
Net cash provided by financing activities		224,297			219,502
CASH, BEGINNING BALANCE		-			-
NET INCREASE (DECREASE) IN CASH		(474,564	)		225,945
CASH, ENDING BALANCE	$	-		$	-
CASH, BEGINNING BALANCE		474,564			54,862
CASH, ENDING BALANCE	$	-		$	280,807
CASH PAID FOR:
Interest	$	-		$	-
Income taxes	$	-		$	-
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Convertible notes converted to common stock	$	41,244		$	-
Convertible notes and accrued interest converted to common stock	$	18,138		$	24,000

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

ACCELERA INNOVATIONS, INC. AND SUBSIDIARIES

Notes to Unaudited Condensed Consolidated Financial Statements

NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION

Accelera Innovations, Inc., formerly Accelerated Acquisitions IV, Inc. (~~“Accelera” or~~ the “Company”) was incorporated in the State of Delaware on April 29, 2008 for the purpose of raising capital intended to be used in connection with its business plan which may include a possible merger, acquisition or other business combination with an operating business.

On June 13, 2011, Synergistic Holdings, LLC (“~~Purchaser~~Synergistic”) agreed to acquire 17,000,000 shares of the Company’s common stock, par value $0.0001 per share. At the same time, Accelerated Venture Partners, LLC agreed to tender 3,750,000 of ~~their~~its 5,000,000 shares of the Company’s common stock, par value $0.0001 per share, for cancellation. Following these transactions, ~~Synergistic~~ ~~Holdings,~~Synergistic ~~LLC~~ owned 93.15% of the Company’s 18,250,000 issued and outstanding shares of common stock, par value $0.0001 ~~and~~per share, and the interest of Accelerated Venture Partners, LLC was reduced to approximately 6.85% of the total issued and outstanding shares. ~~Simultaneously~~ Concurrent with the share purchase, Timothy Neher resigned from the Company’s Board of Directors and John Wallin ~~was~~ ~~simultaneously~~was appointed to the Company’s Board of Directors. Such action represented a change of control of the Company.

On October 18, 2011, the Company filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of State of Delaware and changed its name from Accelerated Acquisition IV, Inc. to Accelera Innovations, Inc.

~~Accelera~~The Company is a healthcare service company which is focused on acquiring companies primarily in the post-acute care patient services ~~and~~ and information technology services industries. The Company ~~has~~currently ~~acquired~~owns ~~Behavioral Health Care Associates, Ltd. (“BHCA”) (On March 31, 2016, the Company and BHCA entered into a Termination Agreement - See Note 5) and~~ SCI Home Health, Inc. (d/b/a Advance Lifecare Home Health) (“SCI”), which offers personal care to patients in the Chicago, Illinois area.

The accompanying consolidated financial statements and have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”).

The unaudited interim condensed consolidated financial statements ~~include~~have been prepared by us pursuant to the ~~accounts~~rules and regulations of the ~~Accelera~~Securities and ~~its~~Exchange ~~100%~~Commission. ~~owned~~The ~~subsidiaries,~~information ~~Behavioral~~furnished ~~Health~~ herein reflects all adjustments (~~through~~consisting ~~December~~of 31normal recurring accruals and adjustments) which are, ~~2015~~in –the ~~See~~opinion ~~Note~~of 5)management, ~~and~~necessary ~~SCI~~to ~~Home~~fairly ~~Health.~~present ~~Significant~~the ~~intercompany~~operating ~~accounts~~results for the respective periods. Certain information and ~~transactions~~footnote disclosures normally present in the annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to such ~~eliminated~~rules and regulations. These unaudited condensed consolidated interim financial statements should be read in ~~consolidation~~conjunction with the audited consolidated financial statements and notes for the year ended December 31, 2016. The results of the three months ended March 31, 2017 are not necessarily indicative of the results to be expected for the full year ending December 31, 2017.

The unaudited interim condensed consolidated financial statements have been prepared by us pursuant to the rules and regulations of the Securities and Exchange Commission. The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments) which are, in the opinion of management, necessary to fairly present the operating results for the respective periods. Certain information and footnote disclosures normally present in the annual consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been omitted pursuant to such rules and regulations. These unaudited condensed consolidated interim financial statements should be read in conjunction with the audited consolidated financial statements and notes for the year ended December 31, 2015. The results of the nine months ended September 30, 2016 are not necessarily indicative of the results to be expected for the full year ending December 31, 2016.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

PRINCIPLES OF CONSOLIDATION - The Company operates companies in the personal health care industry. The Company operates out of one service center serving the Chicago, Illinois area. The consolidated financial statements for the year ended December 31, 2016 include the accounts of the Company and its 100% owned subsidiary SCI, Significant intercompany accounts and transactions have been eliminated in consolidation.

USE OF ESTIMATES – The preparation of unaudited condensed consolidated interim financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Significant estimates in these financial statements include allowance for doubtful accounts, the valuation of intangibles, valuation allowance for deferred taxes, estimated useful life of property and equipment and the fair value of stock and options issues for services and interest.

CASH - All cash is maintained with a major financial institution in the United States. Deposits with this bank may exceed the amount of insurance provided on such deposits. Temporary cash investments with an original maturity of three months or less are considered to be cash equivalents. The Company had no cash equivalents as of ~~September~~March 3031, ~~2016~~2017 and December 31, ~~2015~~2016, respectively. The ~~Company~~ Company has not suffered any credit issues when deposits have exceeded the amount of insurance provided for such deposits.

ACCOUNTS RECEIVABLE – Accounts receivable are recorded at estimated value, net of allowance for doubtful accounts. Accounts receivable are not interest bearing. The allowance for doubtful accounts is based upon management’s best estimate and past collection experience. For most accounts greater than 180 days, the Company carries a 100% allowance. Uncollectible accounts are charged off when all reasonable efforts to collect the accounts have been exhausted.

PROPERTY AND EQUIPMENT– Property and equipment is stated at cost. Depreciation is provided on a straight line basis over the estimated useful lives of the assets. Maintenance and repairs are charged to expense as incurred; major renewals and betterments are capitalized. When items of property and equipment are sold or retired, the related cost and accumulated depreciation are removed from the accounts, and any gain or loss is included in income.

DERIVATIVE FINANCIAL INSTRUMENTS — The Company evaluates all of its agreements to determine if such instruments have derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, the Company uses the Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date. As of ~~September~~March 3031, ~~2016~~2017 and December 31, ~~2015~~2016, the Company’s only derivative financial instrument was an embedded conversion feature associated with convertible notes due to the conversion price being a percentage of the market price of the Company’s common stock.

PREFERRED STOCK SUBSCRIPTION PAYABLE – During the years ended December 31, 2014 and 2013, an affiliate of the Company entered into subscription agreements with 13 investors. Pursuant to the terms of the subscription agreements, the affiliate agreed to issue shares of the Company’s 8% Convertible Preferred Stock that it was authorized to issue as of May 7, 2015. In exchange, the Company received aggregate proceeds from the investors of $652,462. Accordingly, the Company is obligated to issue an aggregate of 198,473 shares of 8% Convertible Preferred Stock to the investors with a stated value of $4.00 per share or an aggregate of $793,892. The net proceeds of $652,462 have been received by or on behalf of the Company and recorded as preferred stock subscription payable net of $141,430 of original issue discount related to such offering which amount was expensed. Upon obtaining the Certificate of Designation for the 8% Convertible Preferred Stock on May 7, 2015, the Company has included the aggregate amount of $793,892 of preferred stock as part of stockholders’ equity. Prior to May 7, 2015, the preferred stock subscription payable was included as a current liability.

COMMON STOCK - The Company records common stock issuances when all of the legal requirements for the issuance of such common stock have been satisfied.

REVENUE RECOGNITION - Revenue related to services and administrative support services is recognized ratably at the time services have been performed and pre-approved by payer. Gross service revenue is recorded in the accounting records on an accrual basis at the provider’s established rates, regardless of whether the health care entity expects to collect that amount. The Company will reserve a provision for contractual adjustment and discounts and deduct from gross service revenue. The Company believes that recognizing revenue at the time the services have been performed because the Company’s revenue policies meet the following four criteria in accordance with ~~ASC~~Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 605-10-S25, Revenue Recognition : Overall, (i) persuasive evidence that arrangement exists, (ii) services has occurred, (iii) the price is fixed and determinable and (iv) collectability is reasonably assured. The Company reports revenues net of any sales, use and value added taxes.

COST OF REVENUES - Costs of revenues are comprised of fees paid to members of the Company’s medical staff, other direct costs including transcription, film and medical record obtainment and transportation; and other indirect costs including labor and overhead related to the generation of revenues.

ADVERTISING COSTS - The Company’s policy regarding advertising is to expense advertising when incurred.

INCOME TAXES - The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes. ASC 740 requires a company to use the asset and liability method of accounting for income taxes, whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion, or all of, the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The adoption had no effect on the Company’s consolidated financial statements.

STOCK BASED COMPENSATION - The Company has share-based compensation plans under which employees, consultants, suppliers and directors may be granted restricted stock, as well as options and warrants to purchase shares of Company common stock at the fair market value at the time of grant. Stock-based compensation cost to employees is measured by the Company at the grant date, based on the fair value of the award, over the requisite service period under ASC 718. For options issued to employees, the Company recognizes stock compensation costs utilizing the fair value methodology over the related period of benefit. Grants of stock to non-employees and other parties are accounted for in accordance with the ASC 505 at measurement date. For awards with service or performance conditions, the Company generally recognize expense over the service period or when the performance condition is met.

LOSS PER SHARE - Basic loss per share is computed by dividing net loss attributable to common stockholders by the weighted average common shares outstanding for the period. Diluted loss per share is computed giving effect to all potentially dilutive common shares. Potentially dilutive common shares may consist of incremental shares issuable upon the exercise of stock options and warrants and the conversion of notes payable to common stock. In periods in which a net loss has been incurred, all potentially dilutive common shares are considered anti-dilutive and thus are excluded from the calculation.

FINANCIAL INSTRUMENTS - FASB Accounting Standards Codification (ASC) 820 Fair Value Measurements and Disclosures (ASC 820) defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.. ASC 820 also establishes a fair value hierarchy that distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:

●	Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

●	Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates); and inputs that are derived principally from or corroborated by observable market data by correlation or other means.

●	Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of ~~September~~March 3031, ~~2016~~2017 and December 31, ~~2015~~2016.

The Company uses Level 2 inputs for its valuation methodology for its derivative liability as its fair value was determined by using the Black-Scholes-Merton pricing model based on various assumptions. The Company’s derivative liability is adjusted to reflect fair value at each period end, with any increase or decrease in the fair value being recorded in results of operations as adjustments to fair value of derivatives.

At ~~September~~March 3031, ~~2016~~2017 and December 31, ~~2015~~2016, the Company identified the following liability that is required to be presented on the ~~balance~~ balance sheet at fair value (see Note 8):

Fair Value Measurements at

Fair Value

~~September~~March 3031, ~~2016~~2017

As of

Using Fair Value Hierarchy

Description

~~September~~March 3031, ~~2016~~2017

Level 1

Level 2

Level 3

Derivative liability - conversion feature

~~221~~160,~~418~~206

Total

~~221~~160,~~418~~206

Fair Value Measurements at

Fair Value

December 31, ~~2015~~2016

As of

Using Fair Value Hierarchy

Description

December 31, ~~2015~~2016

Level 1

Level 2

Level 3

Derivative liability - conversion feature

~~302~~149,~~580~~269

Total

~~302~~149,~~580~~269

RECENT ACCOUNTING PRONOUNCEMENTS

In January ~~2015~~2017, the FASB issued Accounting Standards Update (“ASU”) ~~No. 2015~~2017-01, Business Combinations (~~Subtopic~~Topic ~~225-20~~805) -Clarifying the ~~Income~~Definition ~~Statement~~of -a ~~Extraordinary and~~Business ~~Unusual Items~~. ~~ASU~~The ~~2015-01~~amendments ~~eliminates~~in ~~the~~this ~~concept~~update ofclarify anthe ~~extraordinary~~definition ~~item~~of ~~from GAAP. As~~ a ~~result,~~business anwith ~~entity~~the ~~will~~objective noof ~~longer~~adding beguidance ~~required~~ to ~~segregate~~assist ~~extraordinary~~entities ~~items~~with ~~from~~evaluating ~~the~~whether ~~results~~transactions ofshould ~~ordinary~~be ~~operations,~~accounted tofor ~~separately~~as ~~present~~acquisitions anor ~~extraordinary~~disposals ~~item~~of assets onor ~~its~~businesses. ~~income~~The ~~statement,~~definition ~~net~~ of ~~tax,~~a ~~after~~business ~~income~~affects ~~from~~many ~~continuing~~areas ~~operations~~of oraccounting toincluding ~~disclose~~acquisitions, ~~income~~disposals, ~~taxes~~goodwill, and ~~earnings-per-share~~ ~~data~~consolidation. ~~applicable~~The toguidance anis ~~extraordinary~~effective ~~item.~~for ~~However,~~interim ~~ASU~~and ~~2015-01~~annual ~~will~~periods ~~still~~beginning ~~retain~~after ~~the~~December ~~presentation~~15, 2017 and ~~disclosure~~should ~~guidance~~be ~~for~~applied ~~items~~prospectively ~~that~~on ~~are~~or ~~unusual~~after inthe ~~nature~~effective ~~and occur infrequently~~date. ~~ASU~~The ~~2015-01~~Company is ~~effective~~in ~~for~~the ~~periods~~process ~~beginning~~of ~~after~~evaluating ~~December~~the ~~15,~~impact ~~2015. The adoption~~ of ASU ~~2015~~2017-01 ~~is not expected to have a material effect~~ on ~~the~~its ~~Company’s consolidated~~ financial statements. ~~Early adoption is permitted.~~

In ~~February,~~November ~~2015~~2016, the FASB issued ~~Accounting Standards Update (~~ASU) ~~No. 2015~~2016-0218, ~~Consolidation~~Statement of Cash Flows (Topic ~~810~~230): ~~Amendments~~Restricted toCash, ~~the~~which requires restricted ~~Consolidation~~cash ~~Analysis.~~to ~~ASU~~be ~~2015-02~~presented ~~provides~~with ~~guidance~~cash onand ~~the~~cash ~~consolidation~~equivalents ~~evaluation~~on ~~for~~the ~~reporting~~statement ~~organizations~~of ~~that~~cash ~~are required~~flows toand ~~evaluate~~disclosure ~~whether~~of ~~they~~how ~~should~~the ~~consolidate~~statement ~~certain~~of ~~legal~~cash flows ~~entities~~reconciles ~~such~~to asthe ~~limited~~balance ~~partnerships,~~sheet ~~limited~~if ~~liability~~restricted ~~corporations, and~~cash ~~securitization~~is ~~structures~~shown ~~(collateralized~~separately ~~debt~~from ~~obligations,~~cash ~~collateralized~~and ~~loan~~cash ~~obligations,~~equivalents ~~and~~on ~~mortgage-backed~~the ~~security transactions).~~balance sheet. ASU ~~2015~~2016-0218 is effective for interim and annual periods beginning after December 15, ~~2015.~~2017, ~~The~~with early adoption ofpermitted. ~~ASU~~The Company ~~2015-02~~ is ~~not~~in ~~expected to~~the ~~have~~process aof ~~material~~evaluating ~~effect on~~ the ~~Company’s~~impact ~~consolidated~~of ~~financial~~ASU ~~statements.~~2016-18 ~~Early~~on ~~adoption~~its isfinancial ~~permitted~~statements.

In ~~September,~~October ~~2015~~2016, the FASB issued ASU ~~No. 2015~~2016-16, ~~Business~~Income ~~Combinations~~Taxes (Topic ~~805~~740).: ~~Topic~~Intra-Entity ~~805~~Transfer ~~requires~~of ~~that~~Assets anOther ~~acquirer retrospectively~~than ~~adjust provisional amounts recognized in a business combination, during the measurement period. To simplify the~~Inventory ~~accounting for adjustments made to provisional amounts~~, ~~the~~which ~~amendments~~requires in the ~~Update~~recognition ~~require~~of ~~that~~ the ~~acquirer~~income ~~recognize~~tax ~~adjustments to~~consequences ~~provisional~~of ~~amounts~~an ~~that~~intra-entity ~~are~~transfer ~~identified~~of ~~during~~an ~~the~~asset, ~~measurement~~other ~~period~~than ininventory, when the ~~reporting~~transfer ~~period in which the adjustment amount is determined~~occurs. ~~The~~ASU ~~acquirer~~2016-16 is ~~required~~effective tofor ~~also~~interim ~~record,~~and inannual ~~the~~periods ~~same~~beginning ~~period’s~~after ~~financial~~December ~~statements~~15, ~~the effect on earnings of changes in depreciation~~2018, ~~amortization,~~with ~~or other income effects, if any, as a result of the change to the provisional amounts,~~early ~~calculated~~adoption ~~as if the accounting had been completed at the acquisition date~~permitted. InThe ~~addition~~Company ~~an entity~~ is ~~required to present separately on the face of the income statement or disclose~~ in the ~~notes~~process ~~to the financial statements the portion~~ of ~~the~~evaluating ~~amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if~~ the ~~adjustment~~impact ~~to the provisional amounts had been recognized as~~ of ~~the acquisition date.~~ ASU ~~2015~~2016-16 ~~is effective for fiscal years beginning December 15, 2015. The adoption of ASU 2015-016 is not expected to have a material effect~~ on ~~the~~its ~~Company’s consolidated~~ financial statements.

In ~~November~~August ~~2015~~2016, the FASB issued ASU ~~No. 2015~~2016-1715 , ~~Balance~~Statement ~~Sheet~~of Cash Flows (Topic 230), Classification of ~~Deferred~~Certain ~~Taxes~~Cash Receipts and Cash Payments . ~~The~~ASU ~~new~~2016-15 provides guidance ~~requires that~~for ~~all~~targeted ~~deferred~~changes ~~tax~~with ~~assets~~respect to how cash receipts and ~~liabilities,~~cash ~~along~~payments ~~with~~are classified ~~any~~in ~~related~~the ~~valuation~~statements ~~allowance~~of cash flows, bewith ~~classified~~the asobjective ~~noncurrent~~of onreducing ~~the~~diversity ~~balance sheet~~in practice. ~~This~~ASU ~~update~~2016-15 is effective for interim and annual periods beginning after December 15, ~~2016~~2017, ~~and~~with ~~interim~~early ~~periods~~adoption ~~within those annual periods~~permitted. The Company ~~does~~is ~~not~~in ~~anticipate~~ the ~~adoption~~process of evaluating ~~this~~the ~~ASU~~impact ~~will~~of ~~have~~ASU a2016-15 ~~significant impact~~ on its ~~consolidated~~statements ~~financial position, results~~ of ~~operations, or~~ cash flows.

In ~~February~~March 2016, the FASB issued ASU ~~No.~~ 2016-0209, ~~Leases~~Stock Compensation (Topic ~~842~~718)., ~~The~~Improvements ~~guidance~~to inEmployee ~~ASU No. 2016~~Share-02Based ~~supersedes~~Payment ~~the lease~~Accounting ~~recognition requirements in ASC Topic 840, Leases (FAS 13)~~. ASU 2016-0209, ~~requires~~which anamends ~~entity~~several toaspects ~~recognize~~of ~~assets~~accounting ~~and~~for ~~liabilities arising~~employee ~~from~~share-based apayment ~~lease~~transactions including the accounting for ~~both~~income ~~financing~~taxes, forfeitures, and ~~operating~~statutory ~~leases~~tax withholding requirements, ~~along~~and ~~with~~classification ~~additional~~in ~~qualitative~~the ~~and~~statement ~~quantitative~~of ~~disclosures~~cash flows. ASU 2016-0209 is effective for fiscal years beginning after December 15, ~~2018~~2016 and interim periods within annual periods beginning after December 15, 2016, with early adoption permitted. The Company is ~~currently evaluating~~in the ~~effect~~process ~~this~~of ~~standard~~evaluating ~~will~~the ~~have~~impact of ASU 2016-09 on its ~~consolidated~~ financial statements.

In ~~March~~February 2016, the FASB issued ASU 2016-0902, ~~Improvements~~Leases to(Topic ~~Employee~~842) ~~Share~~. ~~Based~~ASU ~~Payment~~2016-02 ~~Accounting,~~requires lessees to ~~simplify~~recognize ~~several~~lease ~~aspects~~assets ofand ~~the~~lease ~~accounting~~liabilities ~~for~~on ~~share-based payment transactions, including~~ the ~~income~~balance ~~tax~~sheet ~~consequences, classification of awards as either equity or liabilities,~~ and ~~classification~~requires onexpanded ~~the~~disclosures ~~statement~~about ofleasing ~~cash flows~~arrangements. ~~The~~ASU ~~guidance~~2016-02 ~~will~~is be effective for ~~annual~~fiscal ~~periods~~years beginning after December 15, ~~2016~~2018 and interim periods ~~within~~in ~~those~~fiscal ~~annual~~years ~~periods.~~beginning ~~Early~~after ~~adoption~~December is15, ~~permitted~~2018, ~~including~~with early adoption ~~in an interim period~~permitted. The Company is ~~currently~~in ~~evaluating~~ the ~~impact~~process of evaluating the ~~adoption~~impact of ~~this~~ASU ~~newly~~2016-02 ~~issued~~on ~~guidance to~~ its ~~consolidated~~ financial statements.

~~Other~~In ~~recent~~August ~~accounting~~2014, ~~pronouncements~~the FASB issued byASU ~~the~~2014-15, ~~FASB~~Disclosure ~~(including~~of ~~its~~Uncertainties ~~Emerging~~about ~~Issues~~an ~~Task~~Entity’s ~~Force),~~Ability ~~the~~to ~~American~~Continue ~~Institute~~as ofa ~~Certified~~Going ~~Public~~Concern ~~Accountants~~, which provides guidance on determining when and how to disclose going-concern uncertainties in the ~~United~~financial ~~States~~statements. ASU ~~Securities~~2014-15 requires management to perform interim and ~~Exchange~~annual ~~Commission~~assessments ~~did~~of ~~not~~an orentity’s ability to continue as a going concern within one year of the date the financial statements are ~~not~~issued. ~~believed~~An byentity ~~management~~must toprovide ~~have~~certain disclosures if conditions aor ~~material~~events ~~impact~~raise onsubstantial doubt about the ~~Company~~entity’s ~~present~~ability orto ~~future~~continue ~~consolidated~~as a going concern. ASU 2014-15 is effective for annual periods ending after December 15, 2016, and interim periods thereafter. Early adoption is permitted. The Company is in the process of evaluating the impact of ASU 2014-15 on its financial statements and disclosures.

~~RECLASSIFICATIONS~~In May 2014, the FASB issued ASU 2014-09, ~~Certain~~Revenue ~~prior~~from ~~year~~Contracts ~~amounts~~with ~~have~~Customers ~~been~~. ~~reclassified~~ASU to2014-09 ~~conform~~is toa ~~the~~comprehensive revenue recognition standard that will supersede nearly all existing revenue recognition guidance under current ~~period~~GAAP ~~presentation.~~and ~~These~~replace ~~reclassifications~~it ~~had~~with a principle-based noapproach ~~impact~~for determining revenue recognition. ASU 2014-09 will require that companies recognize revenue based on ~~net~~the ~~earnings,~~value ~~financial~~of transferred ~~position~~goods or services as they occur in the contract. The ASU also will require additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. ASU 2014-09 is effective for interim and annual periods beginning after December 15, 2017. Early adoption is permitted only in annual reporting periods beginning after December 15, 2016, including interim periods therein. Entities will be able to transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. The Company is in the process of evaluating the impact of ASU 2014-09 on its financial statements and disclosures.

Management does not believe that any recently issued, but not yet effective, accounting standards could have a material effect on the accompanying financial statements. As new accounting pronouncements are issued, the Company will adopt those that are applicable under the circumstances.

RECLASSIFICATIONS - Certain prior year amounts have been reclassified to conform to the current period presentation. These reclassifications had no impact on net earnings, financial position or cash flows.

NOTE 3 - BALANCE SHEET INFORMATION

PROPERTY AND EQUIPMENT, NET

Property and equipment, net at ~~September~~March 3031, ~~2016~~2017 and December 31, ~~2015~~2016 consist of the following:

	September 30, 2016			December 31, 2015
	March 31, 2017			December 31, 2016
Furniture and fixtures	$	3,940		$	3,940
Office equipment		5,641			5,641
		9,581			9,581
Less accumulated depreciation		(23,192	)		(2,692	)
	$	7,389		$	8,889
Property and equipment, net	$	6,389		$	6,889

Depreciation expense for the ~~nine~~three months ended ~~September~~March 3031, ~~2016~~2017 and 2015 was $1,500 and $~~944~~500, respectively.

NOTE 4 - GOING CONCERN

The accompanying unaudited condensed consolidated interim financial statements have been prepared assuming that the Company will continue as a going concern. The Company has ~~had~~incurred ~~minimal~~a ~~revenue~~net ~~since~~loss ~~inception~~for the three months ended March 31, 2017 and the year ended December 31, 2016 of $75,499 and $1,925,294, respectively, and had an accumulated deficit of $61,~~188~~688,~~771~~328 as of ~~September 30~~March 31, ~~2016~~2017. In view of these matters, the Company’s ability to continue as a going concern is dependent upon the Company’s ability to add profitable operating companies and to achieve a level of profitability. The Company intends on financing its future ~~development~~ development activities and its working capital needs largely from the sale of public equity securities with some additional funding from other traditional financing sources, including term notes until such time that funds provided by operations are sufficient to fund working capital requirements.

~~As a result of the Termination Agreement with BHCA (See Note 5) the~~ The Company’s only operating ~~facility~~ subsidiary is SCI. Revenues from SCI have significantly decreased primarily due to the sudden departure of the administrator of SCI. The Company has transitioned this position to a new administrator and filed these changes with the IDPH (Illinois Department of Public Health). There are claims to be processed and invoiced when IDPH approves,; through the uniform process, and the new SCI administrator, the Company expects this to be resolved in the near future.

The unaudited condensed consolidated interim financial statements of the Company do not include any adjustments relating to the recoverability and classification of recorded assets, or the amounts and classifications of liabilities that might be necessary should the Company be unable to continue as a going concern.

NOTE 5 - ~~DISCONTINUED~~SHORT-TERM ~~OPERATION~~NOTES PAYABLES

OnShort-term ~~November~~notes ~~20,~~payable ~~2013,~~at ~~Accelera~~March ~~executed a Stock Purchase Agreement (the “SPA”) and its wholly owned subsidiary~~31, ~~Accelera Healthcare~~2017 ~~Management Service Organization LLC (“Accelera HMSO”), executed an Operating Agreement with Blaise J. Wolfrum, M.D.~~ and ~~Behavioral~~December ~~Health Care Associates~~31, ~~Ltd.~~2016 ~~(“BHCA”).~~consisted ~~Accelera acquired 100%~~ of the ~~100,000 issued and outstanding shares of BHCA from Dr. Wolfrum. Accelera HMSO as a wholly owned subsidiary of Accelera will operate BHCA in accordance with the Operating Agreement.~~following:

Pursuant the SPA, the Company agreed to pay to Dr. Wolfrum a purchase price of $4,550,000 for his shares of BHCA, of which $1,000,000 was payable on September 30, 2015, $750,000 is payable on November 30, 2015, and $2,800,000 is payable on December 31, 2015. The payment due on September 30, 2015, November 30, 2015 and December 31, 2015 were not paid.

	March 31, 2017		December 31, 2016

At Home and All Staffing acquisition note payable (1)		344,507		344,507
AOK Property Investments (2)		525,000		525,000
Note dated May 28, 2015 for $35,000; daily payment of $184.73 for 252 days		16,659		16,659
	$	886,166	$	886,166

On(1) ~~September~~The ~~30,~~Company ~~2016,~~entered ~~the~~into ~~Company~~a $344,507 ~~Blaise~~promissory J.note ~~Wolfrum,~~(the ~~M.D.,~~“Trust ~~and~~Note”) ~~BHCA~~with ~~executed~~the aRose. ~~Termination~~M ~~Agreement~~Gallagher byRevocable ~~which~~ Trust (the ~~SPA~~“Trust”) ~~was~~in ~~terminated effect~~conjunction aswith ofa ~~January~~settlement 1agreement dated December 23, ~~2016~~2014. ~~BHCA~~The isTrust ~~accounted~~Note ~~for~~bears asinterest aat 11.0% ~~discontinued~~per ~~operation~~annum. asThe first payment of ~~January~~$25,000 was due on March 1, ~~2016.~~2015, ~~The~~with ~~historical~~the ~~financial~~final principal and interest payment due on June ~~results~~1, of2015. ~~BHCA~~The ~~are~~Company ~~reflected~~is in default of the ~~Company’s~~Trust ~~unaudited~~Note ~~condensed~~and ~~consolidated~~has ~~interim~~a ~~financial~~90-day ~~statements~~cure ~~and~~period. ~~footnotes as~~The ~~discontinued~~Company ~~operations~~paid ~~for~~$5,000 ~~all~~on ~~periods~~April ~~presented~~8, 2015.

The following table displays summarized activity in the Company’s unaudited condensed consolidated statements of operations for discontinued operations during the three and nine months ended September 30, 2015.

	Three			Nine
	Months Ended			Months Ended
	September 30, 2015			September 30, 2015
Revenues	$	783,988		$	2,432,041
Gross profit		464,876			1,179,962
Income from operations		(2,312	)		373,587
Income before income taxes		(2,312	)		373,587
Income tax expense		-			-
Income from operations of discontinued operation		(2,312	)		373,587

~~For~~If ~~the~~an ~~nine~~event ~~months~~of ~~ended~~default ~~September~~under 30the Trust Note occurs, ~~2016~~the Trust may accelerate the Trust Note’s maturity date so that the unpaid principal amount, ~~there~~together ~~was~~with noaccrued ~~activity~~interest, is immediately due in its entirety. In addition, the Company promised to pay $1,000 dollars as consideration for costs of collection of the Trust Note, including but not limited to attorneys’s ~~unaudited~~fees paid ~~condensed~~or ~~consolidated~~incurred ~~statement~~on account of such collection, whether or not suit is filed with respect thereto and whether such cost or expense is paid or incurred, or to be paid or incurred, prior to or after the entry of ~~operations~~judgment. asPursuant to the terms of the Trust Note, an event of default occurs if (i) the Company fails to make any payment required by the Trust Note when due, (ii) the Company fails to observe or perform any covenant, condition or agreement under the Trust Note, (iii) a ~~result~~proceeding with respect to the Company is commenced for the benefit of creditors, including but not limited to any bankruptcy or insolvency law; or (iv) the Company ~~Termination~~becomes ~~Agreement~~insolvent.

As(2) On October 1, 2014, AOK Property Investments LLC (“AOK”), a ~~result~~third party lender, lent the Company and its subsidiary, Advanced Life Management, LLC (“ALM”) , an aggregate of $500,000. In consideration of AOK’s delivery of an aggregate of $500,000 to the ~~Termination~~Company ~~Agreement~~and ALM, the Company ~~recognized~~and ALM executed and delivered a ~~gain~~promissory ~~from~~note (the ~~disposal~~“AOK Note”) in favor of ~~BHCA~~AOK in the aggregate principal amount of $4500,~~239~~000. The AOK Note was due on January 15,~~585~~ 2015 and bears interest in the amount of 500,000 ~~principally~~shares aof ~~result~~the Company’s common stock, which interest was due and payable on or before January 15, 2015. If the Company and ALM fail to pay any portion of principal or interest when due, interest will continue to accrue and be payable to AOK at the ~~cancelation~~rate of 1,667 shares of Company common stock per day until all principal and accrued interest is fully paid. On July 10, 2015, the Company and AOK entered in an amended note agreement whereby AOK loaned the Company an additional $425,~~550,~~000 and ~~subordinated~~extended ~~unsecured~~the due date of the note ~~payable~~to ~~which~~December is31, ~~the~~2015, ~~consideration~~and the Company ~~received~~agreed ~~for~~to ~~entering~~issue an additional 500,000 shares of common ~~into~~stock for failing to pay the ~~Termination~~principal ~~Agreement~~and interest on the loan when originally due. The Company recorded the issuance of 500,000 shares of common stock to AOK at a value of $1,360,907. The loan was not repaid on its extended due date and is currently in default.

~~NOTE~~If 6an -event ~~SHORT~~of default under the AOK Note occurs, AOK may accelerate the AOK Note’s maturity date so that the unpaid principal amount, together with accrued interest, is immediately due in its entirety. Pursuant to the terms of the AOK Note, an event of default occurs if (i) the Company or ALM fails to make any payment required by the AOK Note when due, (ii) the Company or SCI voluntarily dissolves or ceases to exist, or any final and non-~~TERM~~appealable ~~NOTES~~order ~~PAYABLES~~or judgment is entered against the Company or SCI ordering its dissolution, (iii) the Company or ALM fails to pay, becomes insolvent or unable to pay, or admits in writing an inability to pay its debts as they become due, or makes a general assignment for the benefit of creditors; or (iv) a proceeding with respect to the Company or ALM is commenced for the benefit of creditors, including but not limited to any bankruptcy or insolvency law.

~~Short-term~~NOTE ~~notes~~6 ~~payable~~- atCONVERTIBLE ~~September 30, 2016 and December 31, 2015 consisted of the following:~~NOTES

	September 30, 2016		December 31, 2015
At Home and All Staffing acquisition note payable (1)		344,507		344,507
AOK Property Investments (2)		525,000		525,000
Note dated May 28, 2015 for $35,000; daily payment of $184.73 for 252 days		13,414		32,014
	$	882,921	$	901,521

Convertible notes at March 31, 2017 and December 31, 2016 consist of the following:

(1) The Company entered into a $344,507 promissory note (the “Trust Note”) with the Rose. M Gallagher Revocable Trust (“Trust”) in conjunction with the Settlement Agreement (see Note 7). The Trust Note bears interest at 11.0% per annum. The first payment of $25,000 is due on March 1, 2015. The final principal and interest payment is due on June 1, 2015. The entire outstanding principal balance of Trust Note may be prepaid at any time, in whole or in part, without premium or penalty, and the interest accrued on the remaining principal balance shall be adjusted accordingly. The Company is in default of the Trust Note and has a 90 day cure period. The Company paid $5,000 on April 8, 2015.

	March 31, 2017			December 31, 2016
Convertible note dated December 16, 2015; non-interest bearing; convertible into shares of common stock at 50% of the market price on the date of conversion.		118,684			118,684
Convertible note dated March 10, 2016; interest of $3,333 due after 90 days; due August 28, 2017; convertible into shares of common stock at the lesser of $1.00 or 60% of the lowest trading price 25 days prior to conversion.		-			9,363
Convertible note dated May 5, 2016; interest at 8% per annum; due May 5, 2017; convertible into shares of common stock at 65% of the lowest trading price 20 days prior to conversion.		46,625			46,625
Total convertible notes		165,309			174,672
Unamortized debt discount		(4,219	)		(19,395	)
Convertible notes, net of discount	$	161,090		$	155,277

If an event of default under the Trust Note occurs the Trust may accelerate the Trust Note’s maturity date so that the unpaid principal amount, together with accrued interest, is immediately due in its entirety. In addition, the Company promises to pay one thousand dollars as consideration for costs of collection of the Trust Note, including but not limited to attorneys’ fees, paid or incurred on account of such collection, whether or not suit is filed with respect thereto and whether such cost or expense is paid or incurred, or to be paid or incurred, prior to or after the entry of judgment. Pursuant to the terms of the Trust Note, an event of default occurs if (i) the Company fails to make any payment required by the Trust Note when due, (ii) the Company fails to observe or perform any covenant, condition or agreement under the Trust Note, (iii) a proceeding with respect to the Company is commenced for the benefit of creditors, including but not limited to any bankruptcy or insolvency law; or (iv) the Company becomes insolvent.

(2) On October 1, 2014, AOK Property Investments LLC (“AOK”), a third party lender, lent the Company and its subsidiary, SCI, an aggregate of $500,000. In consideration of AOK’s delivery of an aggregate of $500,000 to the Company and ALM, the Company and ALM executed and delivered a promissory note (the “AOK Note”) in favor of AOK in the aggregate principal amount of $500,000. The AOK Note is due on January 15, 2015 and bears interest in the amount of 500,000 shares of the Company’s common stock, which interest is due and payable on or before January 15, 2015. If the Company and ALM fail to pay any portion of principal or interest when due, interest will continue to accrue and be payable to AOK at the rate of 1,667 shares of Company common stock per day until all principal and accrued interest is fully paid. On July 10, 2015, the Company and AOK entered in an amended note agreement whereby AOK loaned the Company an additional $25,000 and extended the due date of the note to December 31, 2015, and the Company agreed to issue an additional 500,000 shares of common stock for failing to pay the principal and interest on the loan when originally due. The Company recorded the issuance of 500,000 shares of common stock to AOK at a value of $1,360,907. The loan was not repaid on its extended due date and is currently in default.

If an event of default under the AOK Note occurs AOK may accelerate the AOK Note’s maturity date so that the unpaid principal amount, together with accrued interest, is immediately due in its entirety. Pursuant to the terms of the AOK Note, an event of default occurs if (i) the Company or ALM fails to make any payment required by the AOK Note when due, (ii) the Company or SCI voluntarily dissolves or ceases to exist, or any final and non-appealable order or judgment is entered against the Company or SCI ordering its dissolution, (iii) the Company or ALM fails to pay, becomes insolvent or unable to pay, or admits in writing an inability to pay its debts as they become due, or makes a general assignment for the benefit of creditors; or (iv) a proceeding with respect to the Company or ALM is commenced for the benefit of creditors, including but not limited to any bankruptcy or insolvency law.

~~NOTE~~Due 7to -the ~~CONVERTIBLE~~variable ~~NOTES~~conversion price associated with these convertible notes, the Company has determined that the conversion feature is considered derivative liabilities. The embedded conversion feature at inception is recorded as a derivative liability as of the date of issuance. The derivative liability was recorded as a debt discount up to the face amount of the convertible notes with the remaining amount being charge as a financing cost. The debt discount is being amortized over the term of the convertible notes. The Company recognized additional interest expense of $15,176 during the three months ended March 31, 2017 related to the amortization of the debt discount.

~~Convertible~~A ~~notes~~rollfoward atof ~~September~~the ~~30,~~convertible ~~2016~~note ~~and~~from December 31, ~~2015~~2016 ~~consist~~to ofMarch ~~the~~31, ~~following~~2017 is below:

	September 30, 2016			December 31, 2015
Convertible notes, December 31, 2016	$	155,277
Convertible note dated August 28, 2015; interest of $6,667 due after 90 days; due August 28, 2017; convertible into shares of common stock at the lesser of $1.00 or 60% of the lowest trading price 25 days prior to conversion.	$	14,312		$	55,556
Conversion to common stock		(9,363	)
Convertible note dated December 16, 2015; non-interest bearing; convertible into shares of common stock at 50% of the market price on the date of conversion.		118,684			118,684
Amortization of debt discounts		15,176
Convertible note dated March 10, 2016; interest of $3,333 due after 90 days; due August 28, 2017; convertible into shares of common stock at the lesser of $1.00 or 60% of the lowest trading price 25 days prior to conversion.		27,778			-
Convertible notes, March 31, 2017	$	161,090
Convertible note dated May 5, 2016; interest at 8% per annum; due May 5, 2017; convertible into shares of common stock at 65% of the lowest trading price 20 days prior to conversion.		110,250			-
Total convertible notes		271,024			174,240
Unamortized debt discount		(93,603	)		(158,806	)
Convertible notes, net of discount		177,421			15,434
Less notes receivable collateralized by convertible note		(52,500	)		-
Convertible notes		124,921			15,434
Less current portion		(124,921	)		-
Long-term portion	$	-		$	15,434

~~During~~NOTE ~~the~~7 ~~nine~~- ~~months~~DERIVATIVE ended September 30, 2016, the Company issued two convertible notes totaling $110,250 (includes $5,250 of original issue discounts) to one investor for which the Company received $52,500 in cash and a note receivable from the same investor totaling $52,500. Since the note receivable was issued to the Company as payment for a convertible note, the Company has not presented this note receivable as an asset, but as an offset to the convertible note balance. In addition to the above two convertible note, during the nine months ended September 30, 2016, the Company issued one additional convertible note to another investors for gross proceeds of $25,000 ($27,778 less $2,778 of original issue discount).LIABILITY

~~Due~~The toconvertible ~~the~~note ~~variable~~discussed ~~conversion~~in ~~price~~Note ~~associated~~6 ~~with these convertible notes, the Company~~ has ~~determined~~a ~~that~~variable ~~the~~ conversion ~~feature is~~price ~~considered~~which ~~derivative~~results ~~liabilities.~~in ~~The~~the ~~embedded~~ conversion feature atbeing ~~inception is~~ recorded as a derivative liability ~~as of the date of issuance~~. The derivative liability was recorded as a debt discount up to the face amount of the convertible notes with the remaining amount being charge as a financing cost. The debt discount is being amortized over the term of the convertible notes. The Company recognized additional interest expense of $203,231 during the nine months ended September 30, 2016 related to the amortization of the debt discount.

A rollfoward of the convertible note from December 31, 2015 to September 30, 2016 is below:

Convertible notes, December 31, 2015	$	15,434
Issued for cash		77,500
Issued for original issue discount		8,028
Conversion to common stock		(41,244	)
Debt discount related to new convertible notes		(138,028	)
Amortization of debt discounts		203,231
Convertible notes, September 30, 2016	$	124,921

NOTE 8 - DERIVATIVE LIABILITY

The convertible note discussed in Note 7 has a variable conversion price which results in the conversion feature being recorded as a derivative liability.

The fair value of the derivative liability is recorded and shown separately under current liabilities. Changes in the fair value of the derivative liability is recorded in the statement of operations under other income (expense).

The Company uses the Black-Scholes-Merton option pricing model with the following assumptions to measure the fair value of derivative liability at ~~September~~March 3031, 2017 and December 31, 2016:

Stock price	$	0.012
	March 31, 2017			December 31, 2016
Risk free rate		0.59	%
Stock price	$	0.0039		$	0.0051
Volatility		325	%
Risk free rate		0.59	%		0.59	%
Conversion/ Exercise price	$	0.006 - $0.072
Volatility		325	%		325	%
Dividend rate		0	%
Conversion/Exercise price	$	0.0020 - 0.0024		$	0.0025 - 0.007
Term (years)		0.03 to 0.91
Dividend rate		0	%		0	%
Terms (years)		0.1 to 0.4			0.1 to 0.7

The following table represents the Company’s derivative liability activity for the period ended ~~September~~March 3031, ~~2016~~2017:

Derivative liability at December 31, 2015	$	302,580
Derivative liability at December 31, 2016	$	149,269
Derivative liability associated with new convertible note		265,533
Change in fair value of derivative liability during period		10,937
Change in fair value of derivative liability during period		(346,695	)
Derivative liability at March 31, 2017	$	160,206
Derivative liability at September 30, 2016	$	221,418

NOTE 98 - STOCKHOLDERS’ DEFICIT

The Company has two classes of stock, preferred stock and common stock. There are 10,000,000 shares of $.0001 par value preferred shares authorized, 500,000 of which have been designated as 8% Convertible Preferred Stock as of May 7, 2015.

The 500,000 shares of 8% Convertible Preferred Stock have the following the designations, rights, and preferences:

	●	The stated value of each share is $4.00,

	●	Holders of shares of 8% Convertible Preferred Stock do not have any voting rights,

	●	The shares pay quarterly dividends in arrears at the rate of 8% per annum and on each conversion date. Subject to certain conditions, the dividends are payable at our option in cash or such dividends shall be accreted to, and increase, the outstanding Stated Value,

	●	Each share is convertible into shares of our common stock at a conversion price of $4.00 per share, subject to adjustment discussed below, and

	●	The conversion price of the 8% Convertible Preferred is subject to proportional adjustment in the event of stock splits, stock dividends and similar corporate events.

~~There were 198,473 shares of 8% Convertible Preferred Stock issued and outstanding as of September 30, 2016.~~13

There ~~are~~were ~~100~~198,~~000,000~~473 shares of ~~$.0001~~8% ~~par~~Convertible ~~value~~Preferred ~~common~~Stock ~~shares authorized. The Company has 48,261,216 and 45,011,216~~ issued and outstanding ~~shares~~ as of ~~September~~March 3031, ~~2016~~2017 and December 31, ~~2015, respectively~~2016.

~~During~~There ~~the~~are ~~nine~~100,000,000 ~~months~~shares ~~ended~~of ~~September~~$.0001 ~~30,~~par ~~2016,~~value ~~the~~common shares authorized. The Company ~~issued~~has 378,~~250~~158,~~000~~673 ~~shares~~and ~~for~~69,569,444 ~~the~~issued ~~conversion~~and outstanding shares as of ~~$41~~March 31,~~244~~ of2017 ~~convertible~~and ~~notes payable~~December 31, 2016, respectively.

14During the three months ended March 31, 2017, the Company issued 8,589,229 shares for the conversion of $9,363 and $8,775 of convertible notes payable and accrued interest, respectively.

NOTE 109 - STOCK-BASED COMPENSATION

The Company recognizes stock-based compensation expense in its statement of operations based on the fair value of employee stock options and stock grant awards as measured on the grant date. For stock options, the Company uses the Black-Scholes option pricing model to determine the value of the awards granted. The Company amortizes the estimated value of the options as of the grant date over the stock options’ vesting period, which is generally four years.

The Company has estimated the value of common stock into which the options are exercisable at $4 per share for financial reporting purposes. This amount was determined based on the price our stock was sold for in past private placements, the minimum stock price required for listing on any Nasdaq market, and the amount also approximates a $85 million valuation for the entire Company, which is considered “micro-cap” by most equity analysts. The stock based compensation expense is an estimate and significant judgment was involved in attempting to determine the value of common stock. When a majority of the stock options were issued, the Company’s common stock has not traded publicly, and no stock was traded in private markets either, except for privately negotiated sales to the founder and other private investors of the company and the founder of the technology from which the company subsequently licensed rights. The Company does not have any offers for purchase of its common stock in any stage, and no stock is registered for resale with the Securities and Exchange Commission.

The Company believes the only material estimate used in estimating the value stock options was the estimated fair value of the common stock, and that assumed volatility, term, interest rate and dividend yield changes would not result in material differences in stock option valuations. The Company recognized stock-based compensation expense of $~~921~~7,~~144~~500 and $3613,~~038,649~~644 for the ~~nine~~three months ended March ~~September 30~~31, ~~2016~~2017 and ~~2015~~2016, respectively, which were included in general and administrative expenses. As of ~~September~~March 3031, ~~2016~~ 2017, there was $~~747~~22,500 of total unrecognized compensation cost related to unvested stock-based compensation awards, which is expected to be recognized over the weighted average remaining vested period of approximately 1.0.75 years.

The following is a summary of the outstanding options, as of ~~September~~March 3031, ~~2016~~2017:

										~~Weighted~~	Weighted
				~~Weighted~~	Weighted		~~Weighted~~	Weighted		~~Average~~	Average
				~~Average~~	Average		~~Average~~	Average		~~Remaining~~	Remaining
	~~Options~~	Options		~~Intrinsic~~	Intrinsic		~~Exercise~~	Exercise		~~Contractual~~	Contractual
	~~Outstanding~~	Outstanding		~~Value~~	Value		~~Price~~	Price		~~Life~~	Life
Outstanding, December 31, 2015		5,803,250			3.89			0.0001			1.5
Outstanding, December 31, 2016			5,803,250			3.89			0.0001			0.5
Granted		-	-
Exercised		-	-
Forfeited/Expires		-	-
Outstanding, September 30, 2015		5,803,250			3.89			0.0001			0.75
Outstanding, March 31, 2017			5,803,250			3.89			0.0001			0.3
Exercisable, September 30, 2015		5,653,250			3.89			0.0001			0.75
Exercisable, March 31, 2017			5,780,750			3.89			0.0001			0.3

NOTE 1110 - RELATED PARTY TRANSACTIONS

~~The~~On ~~Company~~December ~~and~~5, ~~Synergistic Holdings~~2014, ~~LLC~~the (“Company and Synergistic”), a ~~controlling~~major shareholder of the Company, agreed to cancel 796,671 shares of the Company’s common stock owned by Synergistic and forgive certain indebtedness owed by the Company to Synergistic in the amount of $1,018,618. In addition, the Company entered into an oral agreement to amend the ~~license~~licensing agreement entered into between the Company and Synergistic (the “Licensing Agreement”) to reduce the total amount of reimbursable distribution and commercialization expenses due under the ~~license~~Licensing agreement by $585,181 to $29,414,819 and defer the ~~commencement~~ date of ~~the~~certain ~~agreement~~payment ~~until~~obligations by the ~~payment~~Company ~~dates~~under ~~for~~ the ~~following~~Licensing ~~amounts~~Agreement as follows:

	(a)	$5,000,000 no later than December 31, 2015;

	(b)	An additional $7,500,000 no later than December 31, 2016;

	(c)	An additional $10,000,000 no later than December 31, 2017; and

	(d)	An additional $6,914,819 no later than December 31, 2018.

No payments have been made to date.

On May 7, 2015, the Company and Synergistic agreed to amend the Licensing Agreement to eliminate the Company’s $29,414,819 funding requirements under Article 3 and replace it with a requirement to pay a license fee in the amount of $10,000 upon completion and acceptance of each installation of the software at a location for each affiliate or subsidiary of the Company and the sum of $10,000 on each anniversary after each such installation during the period of time in which the software is used at such location. In addition, the Company will be responsible for the reasonable installation costs incurred by Synergistic in connection with the installation and setup of the software as required by the Company. The license fee may be paid in cash or the Company’s common stock. In addition, the Licensing Agreement was amended to delete the Company’s exclusive rights under such agreement.

At March 31, 2017 and December 31, 2016, advances from related party was $403,092 and $403,092, respectively. These advances are non-interest bearing and payable upon demand.

NOTE 11 – RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS

On November 11, 2013, the Company entered into a stock purchase agreement with Behavioral Health Care Associates, Ltd. (“BHCA”) to purchase 100% of the issued and outstanding share of BHCA common stock for $4,550,000. The purchase price was to be paid in installments over a period of approximately 24 months. The Company originally recorded the purchase of BHCA on November 11, 2013 and began consolidating the operating results of BHCA from that date. The Company never made any of the required installment payments in accordance with the stock purchase agreement and the stock of BHCA was never transferred to the Company. As a result, the Company has determined that the financial statements of BHCA should have never been consolidated with those of the Company since the Company was never able to take control of BHCA due to non-payment of the purchase price. The prior year financial statements have been restated to remove BHCA from the consolidated financial statements of the Company.

The following tables present the restated financial statements for the three months ended March 31, 2015. All the adjustments are a result of removing BHCA from the Company’s consolidated financial statements.

~~Tec~~ACCELERA ~~Explorer is a related party through common ownership. Tec Explorer supplied working capital to the Company to fund primarily software acquisition costs~~INNOVATIONS, ~~accounting services, commissions and subcontract costs during 2010 through 2013~~INC. ~~Synergistic~~AND ~~Holdings, LLC assumed all obligations to Tec Explorer during 2014 and 2013 on behalf of the Company. This verbal agreement was agreed to by all three companies.~~SUBSIDIARIES

OnCONDENSED ~~May~~CONSOLIDATED 7,STATEMENTS ~~2015,~~OF the Company and Synergistic agreed to amend the Synergistic Licensing Agreement to eliminate the Company’s $29,414,819 funding requirements under Article 3 and replace it with a requirement to pay a license fee in the amount of 10,000 common shares upon completion and acceptance of each installation of the software at a location for each affiliate or subsidiary of the Company and the sum of $10,000 on each anniversary after each such installation during the period of time in which the Software is used at such location. In addition, the Company will be responsible for the reasonable installation costs incurred by Synergistic in connection with the installation and setup of the software as required by the Company. The license fee may be paid in cash or the Company’s common stock. In addition, the Synergistic Licensing Agreement was amended to delete the Company’s exclusive rights under such agreement.OPERATIONS

AtTHREE ~~September~~MONTHS ~~30,~~ENDED ~~2016~~MARCH ~~and December~~ 31, ~~2015, advances from related party was $403,092 and $243,799, respectively. These advances are non-interest bearing and payable upon demand.~~2017

NOTE 12 – SUBSEQUENT EVENT

	As Originally			Amount of
	Presented			Restatement			As Restated

Revenues	$	-		$	-		$	-
Cost of revenues		-			-			-
Gross profit		-			-			-

Operating expenses:
General and administrative expenses		705,160			-			705,160
Total operating expenses		705,160			-			705,160
Loss from operations		(705,160	)		-			(705,160	)

Other income (expense)
Interest expense and financing costs		(90,476	)		-			(90,476	)
Change in fair value of derivative liability		53,537			-			53,537
Total other income (expenses)		(36,939	)		-			(36,939	)

Loss before provision for taxes		(742,099	)		-			(742,099	)

Provision for income taxes		-			-			-

Net loss from continuing operations		(742,099	)	$	-		$	(742,099	)

Discontinued operations, net of tax
Gain from disposal of discontinued operation		4,239,585			(4,239,585	)		-

Net income (loss)	$	3,497,486			(4,239,585	)		(742,099	)

Preferred stock dividend		15,834			-			15,834

Net loss attributed to common stockholders	$	3,481,652		$	(4,239,585	)	$	(757,933	)

Weighted average shares outstanding - basic and diluted		45,140,337			-			45,140,337

Loss per share - basic and diluted	$	0.08		$	(0.09	)	$	(0.02	)

Subsequent to September 30, 2016, the Company issued 2,300,000 shares of common stock for the conversion of $4,830 of convertible notes payable.

~~ITEM~~ACCELERA INNOVATIONS, 2INC. ~~MANAGEMENT’S DISCUSSION~~ AND ~~ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS~~SUBSIDIARIES

~~Plan~~CONSENSED CONSOLIDATED ofSTATEMENT ~~Operation~~OF CASH FLOWS

~~Accelera Innovations, Inc.~~THREE ~~(“we,”~~MONTHS ~~“us,”~~ENDED ~~the~~MARCH ~~“Company~~31,” or “Accelera”), a Delaware corporation, is a healthcare service company which is focused on acquiring companies primarily in the post-acute care patient services and information technology services industries. The Company acquired Behavioral Health Care Associates, Ltd. (“BHCA”) in November 2013 which offers full treatment services for mental health conditions and addictions and SCI Home Health, Inc. (d/b/a Advance Lifecare Home Health) (“SCI”) in October 2014 which offers home health services to patients in the Chicago, Illinois area. In addition, the Company has entered into agreements to acquire home health care service providers Grace Home Health Care, Inc. (“Grace”), the assets of Watson Health Care, Inc. and Affordable Nursing, Inc. and Traditions Home Care, Inc., each of which is subject to completion of financing.2017

As a result of our plans to focus our business efforts on the acquisition of health care services companies and utilize the Synergistic Technology we license from an affiliate, we agreed to amend the Synergistic Licensing Agreement to eliminate the $29,414,819 funding requirements we were obligated to make and replace it with a requirement to pay a license fee in the amount of 10,000 upon completion and acceptance of each installation of the software at a location for each affiliate or subsidiary of the Company and the sum of $10,000.00 on each anniversary after each such installation during the period of time in which the Software is used at such location (the “License Fee”). In addition, the Company will be responsible for the reasonable installation costs incurred by Synergistic in connection with the installation and setup of the software as required by the Company. The license fee may be paid in cash or the Company’s common stock. In addition, the Synergistic Licensing Agreement was amended to delete the Company’s exclusive rights under such agreement. In addition, the Synergistic Licensing Agreement was amended to delete the Company’s exclusive rights under such agreement. We believe that use of any future working capital we raise will be better utilized by us to acquire additional health care services companies.

	As Originally			Amount of
	Presented			Restatement			As Restated

OPERATING ACTIVITIES:
Net income (loss)	$	3,497,486		$	(4,239,585	)	$	(742,099	)
Adjustments to reconcile net loss to net cash used in operating activities:
Gain on discontinued operations		(4,239,585	)		4,239,585			-
Depreciation		500			-			500
Stock options expense		613,644			-			613,644
Amortization of debt discount		60,913			-			60,913
Change in fair value of derivative liability		(53,537	)		-			(53,537	)
Financing costs associated with convertible note		19,562			-			19,562
Change in current assets and liabilities:
Accounts payable		(14,783	)		-			(14,783	)
Accrued expenses		10,001			-			10,001
Net cash used in operating activities		(105,799	)		-			(105,799	)

INVESTING ACTIVITIES:
Cash retained by discontinued operation		(481,188	)		481,188			-
Net cash used in investing activities		(481,188	)		481,188			-

FINANCING ACTIVITIES:
Proceeds from convertible notes		25,000			-			25,000
Payment on notes payable		(15,700	)		-			(15,700	)
Cash overdraft		6,242			(6,624	)		(382	)
Advances from (payments to) related parties		96,881			-			96,881
Net cash provided by financing activities		112,423			(6,624	)		105,799

NET INCREASE (DECREASE) IN CASH		(474,564	)		474,564			-

CASH, BEGINNING BALANCE		474,564			(474,564	)		-

CASH, ENDING BALANCE	$	-		$	-		$	-

CASH PAID FOR:
Interest	$	-		$	-		$	-
Income taxes	$	-		$	-		$	-

NON-CASH INVESTING AND FINANCING ACTIVITIES:
Convertible notes and accrued interest converted to common stock	$	24,000		$	-		$	24,000

~~Management’s Discussion, Analysis of Financial Condition and Results of Operations~~17

~~The Company’s ability~~ITEM to continue as a going concern is dependent upon its ability to generate future profitable operations and/or to obtain the necessary financing to meet its obligations, which include several new acquisitions2. ~~Management~~MANAGEMENT’sS ~~plan~~DISCUSSION ~~includes~~AND ~~obtaining~~ANALYSIS ~~additional funds~~OF byFINANCIAL ~~equity~~CONDITION ~~financing~~AND ~~and/or~~RESULTS ~~debt~~OF using the acquisitions cash flow and/or assets as collateral, however there is no assurance of additional funding being available. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The accompanying financial statements do not include any adjustments that might arise as a result of this uncertainty.OPERATIONS

~~In order to meet our need~~Plan ~~for cash we are attempting to raise money from the various investor groups which include institutions and high net worth individuals. In January~~ of 2014, the Company was listed on the OTCQB tier of the OTC Markets. If we do not raise all of the money we need from the public exchange, we will have to find alternative sources, such as a second public offering, a private placement of securities, or loans from third party sources.Operations

~~Our current plans, predicated~~We onare ~~raising~~a ~~$10,000,000~~healthcare ~~from~~service ~~the~~company ~~sale~~focused ofon ~~shares~~acquiring ofcompanies ~~common~~primarily ~~stock~~in ~~will allow~~ the ~~Company~~post-acute tocare ~~meet~~patient ~~the~~services ~~milestones~~ and ~~requirements of~~information ~~its~~technology ~~proposed~~services ~~acquisitions~~industries. ~~The use of proceeds from the planned capital raise will be to fund future acquisitions.~~ In ~~addition~~October 2014, ~~the~~ ~~Company~~we ~~will~~acquired ~~use~~SCI ~~excess~~Home ~~funds to cover general corporate expenses~~Health, ~~as well as the implementation of its technology into the operations of the acquired companies~~Inc. ~~. As~~ (d/b/a ~~result~~Advance ofLifecare ~~the~~Home ~~Termination Agreement with BHCA (See Note 5~~Health), ~~our~~an ~~only operating facility~~Illinois iscorporation (“SCI.”) ~~Revenues~~that ~~from~~offers ~~SCI~~home ~~have~~health ~~significantly~~services ~~decreased primarily due~~ to ~~the~~patients ~~sudden~~in ~~departure of~~ the ~~administrator~~Chicago, ofIllinois ~~SCI~~area. WeIn ~~have transitioned~~addition, ~~this~~we ~~position~~ planned to aacquire ~~new~~an ~~administrator~~interest ~~and~~in ~~filed~~several ~~these~~other ~~changes~~home ~~with~~health ~~IDPH~~care ~~(Illinois~~service ~~Department~~providers; ofhowever, ~~Public~~each ~~Health).~~of ~~There are~~those ~~claims~~transactions towas beabandoned by ~~processed~~mutual ~~and~~agreements ~~invoiced~~of ~~when IDPH approves, through~~ the ~~uniform~~parties ~~process, the new administrator, we expect this to be resolved~~ in ~~the~~January ~~near future~~2016.

~~The Company has contacted~~In ~~several~~January ~~debt~~2017, ~~providers~~we ~~for~~began ~~both~~to ~~asset~~consider ~~backed~~transitioning ~~lending~~from ~~and~~being ~~cash~~a ~~flow~~home ~~lending.~~health ~~These~~agency ~~include~~acquirer ~~commercial~~to ~~banks~~a ascompany ~~well~~involved ~~as Hedge Funds which specialize~~ in ~~lower~~assisted ~~middle market lending. There is no assurance that the Company will be successful in raising debt and/or~~living ~~the~~real ~~cost~~estate ~~of debt may be detrimental to the operations of the acquisitions and/or the Company~~transactions.

~~Going~~Because we ~~Concern~~had a cash of $0 at March 31, 2017, which is insufficient to fund our operations and an accumulated deficit $61,688,328 there is substantial doubt about our ability to continue as a going concern. The report of our independent registered public accounting firm on our financial statements for the year ended December 31, 2016 contains an explanatory paragraph regarding their substantial doubt about our ability to continue as a going concern. Our auditors’ opinion is based upon our operating losses and our need to obtain additional financing to sustain operations. Our ability to continue as a going concern will be dependent upon our ability to obtain the necessary financing to meet our obligations and repay our liabilities when they become due, and to generate sufficient revenues from our operations to pay our operating expenses.

~~Because we had a cash overdraft~~Recent of $6,104 at September 30, 2016, which is insufficient to fund our operations and an accumulated deficit $61,188,771 there is substantial doubt about our ability to continue as a going concern. The report of our independent registered public accounting firm on our financial statements for the year ended December 31, 2015 contains an explanatory paragraph regarding their substantial doubt about our ability to continue as a going concern. Our auditors’ opinion is based upon our operating losses and our need to obtain additional financing to sustain operations. Our ability to continue as a going concern will be dependent upon our ability to obtain the necessary financing to meet our obligations and repay our liabilities when they become due, and to generate sufficient revenues from our operations to pay our operating expenses.Developments

17On April 1, 2017, James Millikan retired as our Chief Operating Officer.

~~Results~~On April 20, 2017, John Wallin, acting CEO and CFO retired and submitted his resignation. Geoffrey Thompson, current Chairman of the ~~Operations~~Board became the interim CEO and CFO. Cynthia Boerum, current Chief Strategic Officer became the interim COO.

~~The following comparative~~Results ~~analysis on results~~ of operations was based primarily on the comparative financial statements, footnotes and related information for the periods identified below and should be read in conjunction with the financial statements and the notes to those statements that are included elsewhere in this report. The results related to the operation of Behavioral Health Care Associates, Ltd. a discontinued operation (see Note 5 to our financial statements included in this report), are excluded from the following discussion. The following is a summary of the Company’s operational results for the three and nine months ended September 30, 2016 and 2015:Operations

~~Three~~The following ~~months~~comparative ~~ended~~analysis ~~September~~on 30results of operations was based primarily on the comparative financial statements, ~~2016~~footnotes and ~~compared~~related information for the periods identified below and should be read in conjunction with the financial statements and the notes to those statements that are included elsewhere in this report. The following is a summary of the Company’s operational results for the three and three months ended ~~September~~March 3031, ~~2015~~2017 and 2016:

	Three Months Ended						Dollar			Percentage
	September 30, 2016			September 30, 2015			Dollar Change			Percentage Change
	March 31, 2017			March 31, 2016			Change			Change
Revenue	$	~~1,500~~-		$	~~396,010~~-		$	~~(394,510~~-	)		-~~99.6~~	%
Cost of revenue		-			~~7,527~~-			~~(7,527~~-	)		-~~100.0~~	%
Gross profit		~~1,500~~-			~~388,483~~-			~~(386,983~~-	)		-~~99.6~~	%
Total operating expenses		~~359~~48,~~061~~000			3705,~~341,331~~160			(2657,~~982,270~~160	)		-8993.32	%
Other income (expense)		170,793			(709,150	)		879,943			-124.1	%
Other expense		(27,499	)		(36,939	)		9,440			-25.6	%
Discontinued operations		-			(2,312	)		2,312			-100.0	%
Net loss		(75,499	)		(742,099	)		666,600			-89.8	%
Net loss		(186,768	)		(3,664,310	)		3,477,542			-94.9	%

Revenue

~~Total revenue decreased~~We byhad ~~$394,510~~no torevenue ~~$1,500~~ for the three months ended ~~September~~March 3031, ~~2016~~2017 compared to $396,010 in the same period in 2015. This decrease in total revenue is primarily due to the sudden departure of the Administrator of SCI Home Health, Inc. (d/b/a Advance Lifecare Home Health). We have transitioned this position to a new Administrator and ~~filed these changes with IDPH (Illinois Department of Public Health)~~2016. ~~There are claims to be processed and invoiced when IDPH approves, through the uniform process, the new Administrator, we expect this to be resolved in the near future.~~

~~Gross Profit~~Operating Expenses

~~Gross profit decreased~~Total byoperating ~~$386,983~~expenses ~~to $1,500~~ for the three months ended ~~September~~March 3031, ~~2016~~2017 decreased by $657,160 to $48,000, compared to $~~388~~705,~~483~~160 induring the same period in ~~2015~~2016. ~~This~~The decrease in ~~gross profit~~ is ~~primarily~~principally ~~due~~a toresult ~~the sudden departure~~ of ~~the~~lower ~~Administrator~~stock ofoption ~~SCI~~expense ~~Home~~in ~~Health, Inc~~2017. ~~(d/b/a Advance Lifecare Home Health). As described above.~~

~~Operating Expenses~~18

~~Total operating expenses~~Other for the three months ended September 30, 2016 decreased by $2,982,270 to $359,061, compared to $3,341,331 during the same period in 2015. The decrease is principally a result of lower stock option expense and common stock issued for services, and lower operating cost for SCI Home Health, Inc. (d/b/a Advance Lifecare Home Health).Expenses

~~Other~~Total other ~~Income~~expenses ~~(Expenses)~~for the three months ended March 31, 2017 decreased by $9,440 to $27,499, compared to $36,939 during the same period in 2015. The decrease is due to lower interest expense and financing costs for the three months ended March 31, 2017 as a result of a decrease in the amortization of debt discounts in 2017offset by a loss related to the change in the value of our derivative liability compared gain during the same period in 2016.

~~Total other income for~~Net the three months ended September 30, 2016 increased by $879,943 to $170,793, compared to other expenses of $709,150 during the same period in 2015. The increase is due to lower interest expense and financing costs for the three months ended September 30, 2016 as a result of penalty interest incurred in the same period in 2015 and by a gain related to the change in the value of our derivative liability all in connection with the issuance of convertible notes payable during the 2016 period.loss

~~Discontinued~~The net ~~Operations~~loss for the three months ended March 31, 2017 was $75,499, a decrease of $666,600 compared to $742,099 during the same period in 2016, as a result of factors described above.

~~On March 31, 2016, we, Blaise J. Wolfrum, M.D.,~~Liquidity and ~~Behavioral~~Capital Health Care Associates, Ltd. (“BHCA”) executed a Termination Agreement by which the SPA was terminated effect as of January 1, 2016. BHCA is accounted for as a discontinued operation as of January 1, 2016.Resources

~~The~~Liquidity is ~~following~~the ~~table~~ability ~~displays~~of ~~summarized~~an ~~activity~~enterprise to generate adequate amounts of cash to meet its needs for cash requirements. As of March 31, in2017, ~~the~~our ~~Company’s~~working ~~unaudited~~capital ~~condensed~~deficit ~~consolidated~~amounted ~~statements~~to $2,439,265, an increase of ~~operations~~$49,361 ~~for~~as ~~discontinued~~compared ~~operations~~to ~~during~~working ~~the~~capital ~~three~~deficit ~~months~~of $2,389,904 ~~ended~~as ~~September~~of 30December 31, ~~2015~~2016. This increase is primarily a result of an increase in accrued expenses. Our working capital deficit at March 31, 2017 included current assets of $2,750 offset by current liabilities of $2,442,015.

18Net cash used in operating activities was $0 during the three months ended March 31, 2017 compared to $105,799 in the same period in 2016. The decrease in cash used in operating activities is primarily attributable a reduction in the operations for 2017.

	Three
	Months Ended
	September 30, 2015
Revenues	$	783,988
Gross profit		464,876
Income from operations		(2,312	)
Income before income taxes		(2,312	)
Income tax expense		-
Income from operations of discontinued operation		(2,312	)

Net cash used in investing activities during the three months ended March 31, 2017 was $0 compared to $0 in the same period in 2016.

~~For~~Net cash provided by financing activities during the three months ended ~~September~~March 3031, ~~2016, there~~2017 was no$0 ~~activity~~compared to $105,799 in the ~~Company’s~~same ~~unaudited~~period in ~~condensed~~2016. ~~consolidated~~The ~~statement~~decrease ofis ~~operations~~primarily as a result of a decrease in the ~~Termination~~proceeds from convertible notes payable and advances from related ~~Agreement~~parties in 2017.

~~Net Loss~~Cash Requirements

~~The~~Our future ~~net~~capital ~~loss~~requirements ~~for~~will depend on numerous factors, including the ~~three~~extent we continue to make acquisitions and our ability ~~months~~to ~~ended~~control ~~September~~costs. ~~30,~~We ~~2016~~estimate ~~was~~that we will need to raise a minimum amount of $~~186~~5,~~768~~000,000 aover ~~decrease~~the next 12 months to pay debts incurred, fund future acquisitions and continue operations. We will be reliant upon shareholder loans, private placements or public offerings of debt and equity to fund our planned acquisitions and systems rollout. There can be no assurance that additional capital will be available to us. Other than the Standby Equity Purchase Agreement we entered into with Lambert Private Equity, LLC to sell, subject to certain restrictions and conditions, up to $3100,~~477~~000,~~542~~000 ~~compared~~(which can be extended to $3200,~~664~~000,~~310~~000 ~~during~~under the same ~~period~~terms) of inour ~~2015~~common stock, aswe currently have no agreements, arrangements or understandings with any person to obtain funds through bank aloans, ~~result~~lines of ~~factors~~credit ~~described~~or any other sources. We are not currently eligible to sell all of the securities under the Standby Equity Purchase Agreement and cannot determine when we will meet all the requirements necessary in order to begin selling securities under that agreement. Consequently, we have no arrangements or plans currently in effect that would allow us to immediately raise capital and our inability to raise funds for the above purposes will have a severe negative impact on our ability to carry out our plans to complete acquisitions and fund our operations.

~~Nine~~We do ~~months~~not ~~ended~~currently ~~September~~have 30any contractual restrictions on our ability to incur debt and, ~~2016~~accordingly ~~compared~~we could incur significant amounts of indebtedness to ~~nine~~finance ~~months~~operations. ~~ended~~Any ~~September~~such ~~30,~~indebtedness ~~2015~~could contain covenants which would restrict our operations.

	Nine Months Ended
	September 30, 2016			September 30, 2015			Dollar Change			Percentage Change
Revenue	$	1,500		$	1,150,698		$	(1,149,198	)		-99.9	%
Cost of revenue		-			73,286			(73,286	)		-100.0	%
Gross profit		1,500			1,077,412			(1,075,912	)		-99.9	%
Total operating expenses		1,480,280			13,083,300			(11,603,020	)		-88.7	%
Other expense		(22,455	)		(1,492,165	)		1,469,710			-98.5	%
Discontinued operations		4,239,585			373,587			3,865,998			1034.8	%
Net income ( loss)		2,738,350			(13,124,466	)		15,862,816			-120.9	%

Going Concern

~~Revenue~~As reflected in the unaudited consolidated financial statements of the Company included in this report, we reported a net loss of $75,499 and at March 31, 2017, a working capital deficit, stockholders’ deficit and accumulated deficit of $2,439,265, $2,432,876 and $61,688,328, respectively. These matters raise substantial doubt about our ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on our ability to further implement our business plan, raise additional capital, and generate positive cash flow. The unaudited consolidated financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.

~~Total revenue decreased~~Critical byAccounting $1,149,198 to $1,500 for the nine months ended September 30, 2016 compared to $1,150,698 in the same period in 2015. This decrease in total revenue is primarily due to the sudden departure of the Administrator of SCI Home Health, Inc. (d/b/a Advance Lifecare Home Health). We have transitioned this position to a new Administrator and filed these changes with IDPH (Illinois Department of Public Health). There are claims to be processed and invoiced when IDPH approves, through the uniform process, the new Administrator, we expect this to be resolved in the near future.Policies

~~Gross~~We have ~~Profit~~identified the following policies below as critical to our business and results of operations. Our reported results are impacted by the application of the following accounting policies, certain of which require management to make subjective or complex judgments. These judgments involve making estimates about the effect of matters that are inherently uncertain and may significantly impact quarterly or annual results of operations. For all of these policies, management cautions that future events rarely develop exactly as expected, and the best estimates routinely require adjustment. Specific risks associated with these critical accounting policies are described in the following paragraphs.

Gross profit decreased by $1,075,912 to $1,500 for the nine months ended September 30, 2016 compared to $1,077,412 in the same period in 2015. This decrease in gross profit is primarily due to the sudden departure of the Administrator of SCI Home Health, Inc. (d/b/a Advance Lifecare Home Health). As described above.19

~~Operating~~Principles of ~~Expenses~~Consolidation

~~Total~~We operate ~~operating~~companies ~~expenses for~~in the ~~nine~~personal ~~months~~health ~~ended~~care ~~September~~industry. ~~30,~~We ~~2016~~operate ~~decreased~~out byof ~~$11,603,020~~one toservice ~~$1,480,280,~~center ~~compared~~serving tothe ~~$13~~Chicago,~~083,300~~ ~~during~~Illinois ~~the same period in 2015~~area. The ~~decrease~~consolidated isfinancial ~~principally~~statements ainclude ~~result~~the accounts of ~~lower~~the ~~stock~~Company ~~option expense~~ and ~~common~~its ~~stock~~100% ~~issued~~owned ~~for~~subsidiary ~~services~~SCI., ~~and~~Significant ~~lower operating~~intercompany ~~cost~~accounts ~~for~~and ~~SCI~~transactions ~~Home~~have ~~Health,~~been ~~Inc.~~eliminated ~~(d/b/a~~in ~~Advance Lifecare Home Health).~~consolidation

~~Other~~Use of ~~Expenses~~Estimates in the Preparation of Financial Statements

~~Total~~The preparation ~~other~~of ~~expenses~~financial ~~for the~~statements ~~nine~~in ~~months~~conformity ~~ended~~with ~~September~~generally ~~30,~~accepted ~~2016~~accounting ~~decreased~~principles byrequires ~~$1,469,710~~management to ~~$22,455,~~make ~~compared~~estimates and toassumptions ~~$1,492,165~~that ~~during~~affect the ~~same~~reported ~~period~~amounts inof ~~2015. The~~assets ~~decrease~~and isliabilities ~~due~~and todisclosure ~~lower~~of ~~interest~~contingent ~~expense~~assets and ~~financing~~liabilities at ~~costs for~~ the ~~nine~~date ~~months ended September 30, 2016 as a result~~ of ~~penalty interest incurred in~~ the ~~same~~financial ~~period~~statements inand ~~2015 offset by a gain related to~~ the ~~change~~reported inamounts ~~the value~~ of ~~our~~revenue ~~derivative~~and ~~liability~~expenses ~~all in~~during ~~connection with~~ the ~~issuance~~reporting ofperiod. ~~convertible~~Actual ~~notes~~results could ~~payable~~differ ~~during~~from ~~the~~those ~~2016 period~~estimates.

19Derivative Financial Instruments

~~Discontinued~~We evaluate ~~Operations~~all of our agreements to determine if such instruments have derivatives or contain features that qualify as embedded derivatives. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, we use the Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date. Our only derivative financial instrument was an embedded conversion feature associated with convertible notes due to the conversion price being a percentage of the market price of our common stock.

~~On March 31, 2016, we, Blaise J. Wolfrum, M.D.,~~Stock-based and Behavioral Health Care Associates, Ltd. (“BHCA”) executed a Termination Agreement by which the SPA was terminated effect as of January 1, 2016. BHCA is accounted for as a discontinued operation as of January 1, 2016.Compensation

~~The~~ASC 718, ~~following~~“Compensation-Stock ~~table~~Compensation” ~~displays~~requires ~~summarized~~recognition ~~activity~~in the financial statements of the cost of employee services received in exchange for an award of equity instruments over the ~~Company’s~~period ~~unaudited~~the ~~condensed~~employee ~~consolidated~~is ~~statements~~required to perform the services in exchange for the award (presumptively the vesting period). We measure the cost of ~~operations~~employee services received in exchange for ~~discontinued~~an ~~operations~~award ~~during~~based on the ~~nine~~grant-date ~~months~~fair value of the award. We account for non-employee share-based awards based upon ASC 505-50, “Equity-Based ~~ended~~Payments ~~September~~to 30Non-Employees.” ASC 505-50 requires the costs of goods and services received in exchange for an award of equity instruments to be recognized using the fair value of the goods and services or the fair value of the equity award, ~~2015~~whichever is more reliably measurable. The fair value of the equity award is determined on the measurement date, which is the earlier of the date that a performance commitment is reached or the date that performance is complete. Generally, our awards do not entail performance commitments. When an award vests over time such that performance occurs over multiple reporting periods, we estimate the fair value of the award as of the end of each reporting period and recognize an appropriate portion of the cost based on the fair value on that date. When the award vests, we adjust the cost previously recognized so that the cost ultimately recognized is equivalent to the fair value on the vesting date, which is presumed to be the date performance is complete.

	Nine
	Months Ended
	September 30, 2015
Revenues	$	2,432,041
Gross profit		1,179,962
Income from operations		373,587
Income before income taxes		373,587
Income tax expense		-
Income from operations of discontinued operation		373,587

Inflation

~~For~~ In the ~~nine~~opinion ~~months~~of ~~ended~~management, ~~September~~inflation ~~30,~~has ~~2016, there~~not ~~was~~and nowill ~~activity~~not have a material effect on our operations in the ~~Company’s~~immediate ~~unaudited~~future. ~~condensed~~Management will ~~consolidated~~continue ~~statement~~to ofmonitor ~~operations~~inflation asand aevaluate ~~result~~the possible future effects of ~~the~~inflation ~~Termination Agreement~~on our business and operations.

~~As a result of the Termination Agreement, the~~Off-Balance ~~Company~~Sheet ~~recognized a gain from the disposal of BHCA of $4,239,585, principally a result of the cancelation of the $4,550,000 subordinated unsecured note payable~~Arrangements

~~Net~~We do ~~Income~~not ~~(Loss)~~have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.

~~The net income for the~~ITEM ~~nine~~3. ~~months~~QUANTITATIVE ~~ended~~AND ~~September~~QUALITATIVE ~~30,~~DISCLOSURES ~~2016~~ABOUT ~~was~~MARKET ~~$2,738,350, an increase of $15,862,816 compared to a net loss of $13,124,466 during the same period in 2015, as a result of factors described above, principally the gain on the disposition of BHCA~~RISK.

~~Liquidity~~Because we ~~and~~are ~~Capital~~a ~~Resources~~Smaller Reporting Company, we are not required to provide the information required by this item.

~~Liquidity is the ability~~ITEM of an enterprise to generate adequate amounts of cash to meet its needs for cash requirements. As of September 30, 2016, our working capital deficit amounted to $2,401,513, a decrease of $3,994,304 as compared to working capital deficit of $6,395,817 as of December 31, 2015. This decrease is primarily a result of the cancelation of the $4~~,550,000 subordinated unsecured note payable as a result of the Termination Agreement with BHCA~~. ~~Working~~CONTROLS ~~capital~~AND ~~deficit at September 30, 2016 included current assets of $31,143 offset by current liabilities of $2,432,656~~PROCEDURES.

~~Net cash used in operating~~Evaluation ~~activities was $217,673 during the nine months ended September 30, 2016 compared to net cash provided by operating activities~~ of ~~$10,210~~ inDisclosure ~~the~~Controls ~~same~~and ~~period in 2015. The increase in cash used in operating activities is primarily attributable the lack of revenue generated from operations in 2016.~~Procedures

~~Net~~Under the ~~cash~~supervision ~~used~~and inwith ~~investing~~the participation of our management, including our principal executive officer and principal financial ~~activities~~and ~~during~~accounting officer, we conducted an evaluation of the ~~nine~~effectiveness ~~months~~of ~~ended~~the ~~September~~design ~~30,~~and ~~2016~~operation ~~was~~of ~~$481,188~~our ~~compared~~disclosure tocontrols and $3procedures,~~767~~ as defined in Rules 13a-15(e) and 15d-15(e) under the ~~same~~Exchange Act, as of the end of the period incovered ~~2015~~by this report (the “Evaluation Date”). ~~The~~Based ~~increase~~on this evaluation, our principal executive officer and principal accounting ~~was~~officer aconcluded ~~result~~as of the ~~cash~~Evaluation ~~retained~~Date that our disclosure controls and procedures were not effective such that the material information required to be included in our SEC reports is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms relating to us, and was made known to them by ~~BHCA~~others aswithin athose ~~result~~entities, ofparticularly during the ~~Termination~~period ~~Agreement~~when this report was being prepared.

Net cash provided by financing activities during the nine months ended September 30, 2016 was $224,297 compared to $219,502 in the same period in 2015. The increase is primarily a result of the proceeds from convertible notes payable and advances from related parties.20

~~Cash~~The specific ~~Requirements~~material weaknesses identified by our management relate to limited resources and our inadequate number of personnel to allow for proper segregation of duties and the requisite internal controls and application of GAAP. Geoffrey Thompson functions as our Chief Executive Officer and Chief Financial Officer and as such, has not established adequate processes and channels of communication to provide the timely and accurate flow of information to others. This weakness in internal controls has prevented the timely recording of company transactions and execution of reliable financial closing procedures. Management has determined that our internal audit function is also significantly deficient due to insufficient resources to perform internal audit functions. Finally, management determined that the lack of an Audit Committee of our Board of Directors also contributes to insufficient oversight of our accounting and audit functions. Also, certain aspects of the financial reporting process were materially deficient because it lacked a sufficient complement of personnel with a level of accounting expertise and an adequate supervisory review structure that is commensurate with the Company’s financial reporting requirements.

Our future capital requirements will depend on numerous factors, including the extent we continue to make acquisitions and our ability to control costs. It’s estimated the minimum amount of capital the company needs to raise over the next twelve months is $10,000,000 to pay debts incurred, fund future acquisitions and continue operations. We ~~will be reliant upon shareholder loans, private placements or public offerings~~ ofexpect ~~debt and equity~~ to ~~fund our planned acquisitions and systems roll-out. There can~~ be nomaterially ~~assurance~~dependent ~~that~~upon ~~additional~~a ~~capital~~third ~~will be~~party ~~available~~ to provide us. ~~Other than the Standby Equity Purchase Agreement we entered into~~ with ~~Lambert~~accounting ~~Private~~consulting ~~Equity,~~services ~~LLC~~for ~~to sell, subject to certain restrictions and conditions, up to $100,000,000 (which can be extended to $200,000,000 under~~ the ~~same~~foreseeable ~~terms)~~future. ofUntil ~~our~~such ~~common~~time ~~stock,~~as we ~~currently~~ have noa ~~agreements,~~chief ~~arrangements~~financial orofficer ~~understandings~~ with ~~any person to obtain funds through bank loans, lines of credit or any other sources. We are not currently eligible to sell all of~~ the ~~securities~~requisite ~~under~~expertise ~~the Standby Equity Purchase Agreement and cannot determine when we will meet all the requirements necessary~~ in ~~order to begin selling securities under this agreement~~U.S. ~~Consequently~~GAAP, wethere ~~have~~are no ~~arrangements~~assurances orthat ~~plans~~the material ~~currently~~weaknesses in ~~effect~~our ~~that~~disclosure ~~would~~controls ~~allow~~and usprocedures ~~to immediately raise capital~~ and ~~our~~internal ~~inability~~control toover ~~raise~~financial ~~funds~~reporting ~~for the above purposes~~ will ~~have~~not aresult ~~severe~~in errors ~~negative~~in ~~impact on~~ our ~~ability~~financial tostatements ~~carry~~which ~~out~~could ~~our~~lead ~~plans~~ to ~~complete~~a ~~acquisitions~~restatement ~~and~~of ~~fund~~those ~~our~~financial ~~operations~~statements.

20Our management, including our principal executive officer and our principal financial officer, does not expect that our disclosure controls and procedures or our internal controls will prevent all error and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Due to the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within our Company have been detected.

~~We do not currently have~~Changes ~~any~~in ~~contractual~~Internal ~~restrictions~~Control onover ~~our~~Financial ~~ability to incur debt and, accordingly we could incur significant amounts of indebtedness to finance operations. Any such indebtedness could contain covenants which would restrict our operations.~~Reporting

~~Going~~There were ~~Concern~~no changes identified in connection with our internal control over financial reporting during the three months ended March 31, 2017 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

~~As reflected in the unaudited~~PART ~~consolidated~~II ~~financial~~- ~~statements~~OTHER of the Company included in this report, we reported a net loss from continuing operations of $1,501,235 and at September 30, 2016, a working capital deficit, stockholders’ deficit and accumulated deficit of $2,401,513, $2,392,319 and $61,188,771, respectively. These matters raise substantial doubt about our ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on our ability to further implement our business plan, raise additional capital, and generate positive cash flow. The unaudited consolidated financial statements do not include any adjustments that might be necessary if we are unable to continue as a going concern.INFORMATION

~~Critical~~Item 1. ~~Accounting~~Legal ~~Policies~~Proceedings.

~~We have identified the~~While ~~following~~we ~~policies~~are ~~below~~not ascurrently ~~critical~~a party to ~~our~~any ~~business~~material ~~and~~pending ~~results~~legal ofproceedings, ~~operations.~~from ~~Our~~time ~~reported~~to ~~results~~time ~~are~~we ~~impacted~~may bybe ~~the~~named ~~application of~~as ~~the~~a ~~following~~party ~~accounting policies, certain of which require management~~ to ~~make subjective or complex judgments. These judgments~~lawsuits ~~involve~~in ~~making estimates about~~ the ~~effect~~normal ofcourse ~~matters that are inherently uncertain and may significantly impact quarterly or annual results~~ of ~~operations.~~our ~~For all of these policies, management cautions that future events rarely develop exactly as expected, and the best estimates routinely require adjustment~~business. ~~Specific risks associated with these critical accounting policies are described in the following paragraphs.~~

~~Use~~Item 1A. ofRisk ~~Estimates in the Preparation of Financial Statements~~Factors.

~~The preparation of financial~~Not ~~statements~~applicable ~~in conformity with generally accepted accounting principles requires management~~ to ~~make~~smaller estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting ~~period~~companies. ~~Actual results could differ from those estimates.~~

~~Derivative~~Item 2. ~~Financial~~Unregistered ~~Instruments~~Sales of Equity Securities and Use of Proceeds.

~~We evaluate all of our agreements to determine if such instruments have derivatives or contain features that qualify as embedded derivatives~~None. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the statements of operations. For stock-based derivative financial instruments, we use the Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within 12 months of the balance sheet date. Our only derivative financial instrument was an embedded conversion feature associated with convertible notes due to the conversion price being a percentage of the market price of our common stock.

~~Stock-based~~Item 3. ~~Compensation~~Defaults Upon Senior Securities.

ASC 718, “Compensation-Stock Compensation” requires recognition in the financial statements of the cost of employee services received in exchange for an award of equity instruments over the period the employee is required to perform the services in exchange for the award (presumptively the vesting period)None. We measure the cost of employee services received in exchange for an award based on the grant-date fair value of the award. We account for non-employee share-based awards based upon ASC 505-50, “Equity-Based Payments to Non-Employees.” ASC 505-50 requires the costs of goods and services received in exchange for an award of equity instruments to be recognized using the fair value of the goods and services or the fair value of the equity award, whichever is more reliably measurable. The fair value of the equity award is determined on the measurement date, which is the earlier of the date that a performance commitment is reached or the date that performance is complete. Generally, our awards do not entail performance commitments. When an award vests over time such that performance occurs over multiple reporting periods, we estimate the fair value of the award as of the end of each reporting period and recognize an appropriate portion of the cost based on the fair value on that date. When the award vests, we adjust the cost previously recognized so that the cost ultimately recognized is equivalent to the fair value on the vesting date, which is presumed to be the date performance is complete.

21Item 4. Mine Safety Disclosures.

~~Inflation~~Not applicable.

~~In the opinion of management,~~Item ~~inflation has not and will not have a material effect on our operations in the immediate future~~5. ~~Management~~Other ~~will continue to monitor inflation and evaluate the possible future effects of inflation on our business and operations~~Information.

~~Off-Balance Sheet Arrangements~~None.

~~Under SEC regulations,~~Item we are required to disclose our off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, such as changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors6. ~~As of September 30, 2016 we have no off-balance sheet arrangements~~Exhibits.

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

Exhibit No.		Description

31.1		Rule 13a-14(a)/15d-14(a) Certification of Principal Executive Officer and Principal Financial Officer

32.1		Section 1350 Certification of Principal Executive Officer and Principal Financial Officer

101.INS		XBRL Instance

101.SCH		XBRL Taxonomy Extension Schema

101.CAL		XBRL Taxonomy Extension Calculation Linkbase

101.DEF		XBRL Taxonomy Extension Definition Linkbase

101.LAB		XBRL Taxonomy Extension Labels Linkbase

101.PRE		XBRL Taxonomy Extension Presentation Linkbase

~~Because we are a Smaller Reporting Company, we are not required to provide the information required by this item.~~21

~~ITEM 4. CONTROLS AND PROCEDURES.~~SIGNATURES

~~Evaluation~~Pursuant to the requirements of ~~Disclosure~~the ~~Controls~~Securities ~~and~~Exchange ~~Procedures~~Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Under the supervision and with the participation of our management, including our principal executive officer and principal financial and accounting officer, we conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act, as of the end of the period covered by this report (the “Evaluation Date”). Based on this evaluation, our principal executive officer and principal accounting officer concluded as of the Evaluation Date that our disclosure controls and procedures were not effective such that the material information required to be included in our SEC reports is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms relating to us, and was made known to them by others within those entities, particularly during the period when this report was being prepared.

Dated: May 18, 2017
	ACCELERA INNOVATIONS, INC.

	By:	/s/ Geoffrey Thompson
		Geoffrey Thompson
		Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer (Principal Financial and Accounting Officer)

The specific material weaknesses identified by our management relate to limited resources and our inadequate number of personnel to allow for proper segregation of duties and the requisite internal controls and application of GAAP. John F. Wallin functions as our Chief Executive Officer and Chief Financial Officer and as such, has not established adequate processes and channels of communication to provide the timely and accurate flow of information to others. This weakness in internal controls has prevented the timely recording of company transactions and execution of reliable financial closing procedures. Management has determined that our internal audit function is also significantly deficient due to insufficient resources to perform internal audit functions. Finally, management determined that the lack of an Audit Committee of our Board of Directors also contributes to insufficient oversight of our accounting and audit functions. Also, certain aspects of the financial reporting process were materially deficient because it lacked a sufficient complement of personnel with a level of accounting expertise and an adequate supervisory review structure that is commensurate with the Company’s financial reporting requirements.22

We expect to be materially dependent upon a third party to provide us with accounting consulting services for the foreseeable future. Until such time as we have a chief financial officer with the requisite expertise in U.S. GAAP, there are no assurances that the material weaknesses in our disclosure controls and procedures and internal control over financial reporting will not result in errors in our financial statements which could lead to a restatement of those financial statements.

Our management, including our principal executive officer and our principal financial officer, does not expect that our disclosure controls and procedures or our internal controls will prevent all error and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints and the benefits of controls must be considered relative to their costs. Due to the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and instances of fraud, if any, within our Company have been detected.

Changes in Internal Control over Financial Reporting

There were no changes identified in connection with our internal control over financial reporting during the nine months ended September 30, 2016 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings.

While we are not currently a party to any material pending legal proceedings, from time to time we may be named as a party to lawsuits in the normal course of our business.

Item 1A. Risk Factors.

Not applicable to smaller reporting companies.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

None.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

None.

Item 6. Exhibits.

		Incorporated by Reference
Exhibit No.	Description	Form	Exhibit Number in form	Date of Filing	Filed or Furnished Herewith
3.1	Certificate of Incorporation	10	3.1	08/28/2008
3.2	Certificate of Amendment of Certificate of Incorporation	S-1	3.1.2	05/22/2012
3.3	Bylaws of the Company	10	3.2	08/28/2008
3.4	Certificate of Designations of 8% Convertible Preferred Stock	8-K	3.4	5/13/2015
10.1	Subscription Agreement by and among Accelera Innovations, Inc. and Synergistic Holdings, LLC, dated as of June 13, 2011	8-K	10.1	06/17/2011
10.2	Consulting Agreement by and among Accelera Innovations, Inc. and Accelerated Venture Partners, LLC, dated as of June 16, 2011	8-K	10.4	06/17/2011
10.3	Licensing internet based software (CareNav) by and among Accelera Innovations, Inc. and Synergistic Holdings	8-K	10.1	08/29/2011
10.4	First Amendment and Modification to Licensing Agreement between Synergistic Holdings, LLC and Accelera Innovations, Inc. dated as of April 13, 2012.	8-K	10.1	04/16/2012
10.5	Company creates 2011 Employee Director and Consultant Stock Plan	10-K	10.6	04/16/2012
10.6+	Employment Agreement by and among Accelera Innovations, Inc. and John Wallin as CEO	8-K	10.1	04/30/2012

10.7+	Employment Agreement by and among Accelera Innovations, Inc. and James Millikan as COO	8-K	10.2	04/30/2012
10.8+	Employment Agreement by and among Accelera Innovations, Inc. and Cindy Boerum as CSO	8-K	10.3	04/30/2012
10.9	Lock-up and Leek-out Agreement between Accelera Innovations, Inc. and holder of common stock of Accelera Innovations, Inc.	S-1	10.5	05/22/2012
10.10	Stock Purchase Agreement by and among Accelera Innovations, Inc. and Behavioral Health Care Associates Ltd	8-K	10.1	12/02/2013
10.11	Operating Agreement by and among Accelera Innovations, Inc. and Accelera Healthcare Management Service Organization LLC	8-K	10-2	12/02/2013
10.12	Security Agreement by and among Company and Blaise J. Wolfrum MD for Behavioral Health Care Associates Ltd	8-K	10-3	12/02/2013
10.13	Secured Promissory Note in reference to Stock Purchase Agreement by and among Company and Blaise Wolfrum MD for Behavioral Health Care Associates Ltd	8-K	10-4	12/02/2013
10.14	Assignment of Stock in reference to Stock Purchase Agreement by and among Company and Blaise Wolfrum for Behavioral Health Care Associates Ltd	8-K	10-5	12/02/2013
10.15+	Employment Agreement by and among Accelera Innovations, Inc. and Blaise Wolfrum MD as President of the Accelera business unit Behavioral Health Care Associates Ltd,	8-K	10-6	12/02/2013
10.16	Lock-up and Leak-Out Agreement between Company and Blaise Wolfrum MD	8-K	10-7	12/02/2013
10.17	Purchase Agreement by and among Accelera Innovations, Inc. and At Home Health Services LLC and All Staffing Services LLC	8-K	10-1	12/16/2013
10.18	Operating Agreement by and among Accelera Innovations, Inc. and At Home Health Management LLC	8-K	10-2	12/16/2013
10.19+	Employment Agreement by and among Accelera Innovations, Inc. and Rose M. Gallagher as President of Accelera business unit At Home Health	8-K	10-3	12/16/2013
10.20+	Employment Agreement by and among Accelera Innovations, Inc. and Daniel P. Gallagher as Director of Marketing and Business Development at Home Health	8-K	10-4	12/16/2013
10.21	Second Amendment and Modification to Software Technology agreement payment dates by and among Accelera Innovations, Inc. and Synergistic Holdings LLC	10-K	10.20	04/15/2014
10.22+	Employment Agreement by and among Accelera Innovations, Inc. and Daniel Freeman as CFO	8-K	10.1	10/08/2014
10.23	Stock Purchase Agreement by and among Accelera Innovations, Inc. and SCI Home Health Inc.	8-K	10-1	10/14/2014

10.24	Promissory Note by and among Accelera Innovations, Inc. and AOK Property Investments LLC to purchase SCI Home Health Inc.	8-K	10-2	10/14/2014
10.25	Stock Purchase Agreement by and among Accelera Innovations, Inc. and Grace Home Health Care. Employment Agreement by and among Accelera Innovations, Inc. and Angelo L. Cadiente as CEO of the Accelera business unit Grace Home Health	8-K	10.1	12/04/2014
10.26	Asset Purchase Agreement by and among Accelera Innovations, Inc. and Watson Health Care Inc. and Affordable Nursing, Inc. dated November 25, 2014.	8-K	10.2	12/04/2014
10.28	Amendment to Purchase Agreement between Accelera Innovations, Inc. and Traditions Home Health Care Inc. dated January 5, 2015.				X
10.29	Amendment dated May 7, 2015 to First Amendment and Modification to Licensing Agreement between Synergistic Holdings, LLC and Accelera Innovations, Inc. dated as of April 13, 2012.				X
10.30	Separation Agreement between Accelera Innovations, Inc. and Daniel Freemen dated as of May 8, 2015.				X
10.31	Amendment dated May 7, 2015 to Stock Purchase Agreement by and among Accelera Innovations, Inc. and Grace Home Health Care dated November 25, 2014.				X
10.32	Amendment dated May 10, 2015 to Asset Purchase Agreement by and among Accelera Innovations, Inc., Watson Health Care Inc. and Grace Affordable Nursing, Inc. dated November 25, 2014.				X
31.1	Rule 13a-14(a)/15d-14(a) Certification of Principal Executive Officer and Principal Financial Officer				X
32.1	Section 1350 Certification of Principal Executive Officer and Principal Financial Officer				X
101.INS	XBRL Instance				X
101.SCH	XBRL Taxonomy Extension Schema				X
101.CAL	XBRL Taxonomy Extension Calculation Linkbase				X
101.DEF	XBRL Taxonomy Extension Definition Linkbase				X
101.LAB	XBRL Taxonomy Extension Labels Linkbase				X
101.PRE	XBRL Taxonomy Extension Presentation Linkbase				X

+ Management compensation plan or arrangement.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Dated: November 21, 2016
	ACCELERA INNOVATIONS, INC.
	By:	/s/ John F. Wallin
		John F. Wallin
		Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer (Principal Financial and Accounting Officer)

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